Hello and good morning, wonderful person!
I have something to admit, and that is that I had a trend line on my previous chart that was wrong.
Wrong in the sense that it was mis-copied from my chart that I normally work and trade from.
I have added the correct one now, that matches 100% the one I am using on my other charts, and deeply sorry for that.
Changes:
- Corrected the trendline
- Added new resistant line based from fib and retesting from price actions.
- Removed clutter and old lines.
Small summary:
- Regardless of any indicator, news and rest of the market in finance are still in large affect, so stay updated with real-news
- Price have break the old trend line that I added, which is previous bull run trend line.
- The new upper resistant has been tested and is strong. Expect a rejection on first attempt
- If rejected, most likely hit back to the trendline in gold. (the one I corrected), and follow upwards to resistant line again.
- ALT-coins have shown a tremendous strength and proven it is ALT-season (NFT & De-Fi), but this might might change when BTC get really strong momentum.
Be safe out there and happy trading, and dont forget to do your own due diligence before trading.
Because, non of what I am writing are financial advice, just how I view the market and trends.
I have something to admit, and that is that I had a trend line on my previous chart that was wrong.
Wrong in the sense that it was mis-copied from my chart that I normally work and trade from.
I have added the correct one now, that matches 100% the one I am using on my other charts, and deeply sorry for that.
Changes:
- Corrected the trendline
- Added new resistant line based from fib and retesting from price actions.
- Removed clutter and old lines.
Small summary:
- Regardless of any indicator, news and rest of the market in finance are still in large affect, so stay updated with real-news
- Price have break the old trend line that I added, which is previous bull run trend line.
- The new upper resistant has been tested and is strong. Expect a rejection on first attempt
- If rejected, most likely hit back to the trendline in gold. (the one I corrected), and follow upwards to resistant line again.
- ALT-coins have shown a tremendous strength and proven it is ALT-season (NFT & De-Fi), but this might might change when BTC get really strong momentum.
Be safe out there and happy trading, and dont forget to do your own due diligence before trading.
Because, non of what I am writing are financial advice, just how I view the market and trends.