The coin continues to accumulate in the range of 40964.75 - 43480.15, thereby bringing itself closer to a further fall every day.
SELL scenario: The upper limit of accumulation level 43480.15 acts as a good entry point for selling. The target in this case will be the level of 40964.75, but we can expect a deeper fall towards 38000. In general, the price area 43480.15 - 45773.20 is a resistance from which one should look for short.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SELL scenario: The upper limit of accumulation level 43480.15 acts as a good entry point for selling. The target in this case will be the level of 40964.75, but we can expect a deeper fall towards 38000. In general, the price area 43480.15 - 45773.20 is a resistance from which one should look for short.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.