The price is currently sitting at 14.85 which is the level of previous high back from 20/05/21. MFI shows Bullish divergence on 1h, 2h, 3h and 4h timeframes. Volume has been constantly decreasing while the price has been going down and now on lower timeframes volume is coming back again (good sign)
There's a good chance for upward continuation from here.
Long-term targets only:
TP1: 17.90
TP2: 19.87
TP3: 22.50
TP4: 26.23
TP5: OPEN++
SL: 13.23 or under previous daily candle if you want to play it extra safe (14.59)
I set my stop losses partially for this one.
There's a good chance for upward continuation from here.
Long-term targets only:
TP1: 17.90
TP2: 19.87
TP3: 22.50
TP4: 26.23
TP5: OPEN++
SL: 13.23 or under previous daily candle if you want to play it extra safe (14.59)
I set my stop losses partially for this one.
Comment:
13.58 level seems to be heavily respected. The price bounced off it 20%. Already took some profits because bitcoin's chop is making me wanna die right now. Moved my S/L to entry. I don't care if I get stopped out. My ~avg buy was 14.49
Comment:
TP1 (17.90) -- +20% ¬¬ done