We are seeing basic market dynamics at work here on Celsius - clear return to HTF support and healthy patterns created in a LTF and HTF Cup N Handle.
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us further will go a long way in identifying good trade opportunities.
As I mentioned in my post earlier, we are looking to flip this LTF zone (currently in the works) into a pocket of buyers that the market can tap into for a more sustained push toward HTF supply.
Happy Trading :)
Trade the Story
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Trade the Story
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.