- Falling wedge already broke out.
- 1st wave already done and going to build up a retracing 2nd wave and a spike third wave.
- volume needs some more pressure.
- RSI at 66 which shows there is still some space.
CONCLUSION :
It is actually a very risky move since it have both a downward and further upward move probabilities.
Trade cautiously with a strict stop loss policy and lets see what we can get from this.
Entry 1150 - 1205 sats
Short Term Targets
T1 : 1253 sats
T2 : 1379 sats
Mid Term Targets
T3 : 1469 sats
T4 : 1680 sats
T5 : 1980 sats
T6 : 2363 sats
Stop Loss
- For Day Traders : 997 sats
For Mid to Long Term Hodlers : Close below 833 sats.
- 1st wave already done and going to build up a retracing 2nd wave and a spike third wave.
- volume needs some more pressure.
- RSI at 66 which shows there is still some space.
CONCLUSION :
It is actually a very risky move since it have both a downward and further upward move probabilities.
Trade cautiously with a strict stop loss policy and lets see what we can get from this.
Entry 1150 - 1205 sats
Short Term Targets
T1 : 1253 sats
T2 : 1379 sats
Mid Term Targets
T3 : 1469 sats
T4 : 1680 sats
T5 : 1980 sats
T6 : 2363 sats
Stop Loss
- For Day Traders : 997 sats
For Mid to Long Term Hodlers : Close below 833 sats.
