Alright folks, let's vibe with the market rhythm. Sure, we've noticed a bit of a chill in the bearish vibes lately, but hey, don't go diving in headfirst just yet. The price is still cruising below that downtrend speedline, so we gotta keep our cool.
Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish energy revving up, then maybe, just maybe, we'll entertain the idea of hopping on a counter to downtrend trade. But for now, let's stay sharp, stay savvy, and let the vibes guide us through this wild market ride.
Time to channel our inner candlestick whisperer and ride those lines like a pro. If we start sensing some bullish energy revving up, then maybe, just maybe, we'll entertain the idea of hopping on a counter to downtrend trade. But for now, let's stay sharp, stay savvy, and let the vibes guide us through this wild market ride.
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Price creeping on the down resistance speedline.
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The bears and the bulls are fighting this out. With almost the same bearish as bullish momentum the price is trading sideways. The price is hovering between 1.80 as resistance and 1.56 as support.
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Brears might be taking a leisurely stroll, but the funky beat of bullish momentum hasn't quite hit the dance floor yet. As a trend trader grooving to the rhythm of the market, I'm keeping it cool and staying neutral for now. Let's see where the funky vibes take us next! 🕺📉🎶
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Feeling the groove, but not quite hearing the full band yet. Lower timeframes show some demand vibes, but it's not resonating enough to shake up the higher timeframes. Staying neutral for now, at least until the rhythm picks up and we get the whole funky ensemble rocking! 🎶🎸
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Price trading sidways for now.
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1.80 is holding as resistance for now. However, we start seeing more bullish momentum candlesticks - see daily chart.
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Sideways trading for now, indicating that the market is quiet or highly active. On my shortlist