We get a nice double bottom pattern. Then retest and breakthrough the neckline.
The previous candle fully closes above 20 MA. MACD fresh after cross and gains momentum.
Now we are retesting the neckline as support. Possible good entry.
But at higher time frames, this move is the only retracement of the previous fall.
T1 - 8300-8500 sats
T2 - 9200-9300 sats
T3 - big red line - long-term resistance - I am not expecting that we go above this resistance before 15. April
This is pure speculation and not financial advice. Trade at your own risk and DOYR.
The previous candle fully closes above 20 MA. MACD fresh after cross and gains momentum.
Now we are retesting the neckline as support. Possible good entry.
But at higher time frames, this move is the only retracement of the previous fall.
T1 - 8300-8500 sats
T2 - 9200-9300 sats
T3 - big red line - long-term resistance - I am not expecting that we go above this resistance before 15. April
This is pure speculation and not financial advice. Trade at your own risk and DOYR.
Comment:
T1 reached