This 5 months old crypto is currently entering its heavy supply zone!
I would wait for the price to drop down to 2.7238 and confirm the reversal to enter LONG.
Entering now would also be fine since the downtrend was not aggressive, increasing the likelihood of price respecting the zone. If we can confirm the reversal earlier, we might enter then instead of waiting for an additional drop.
But for now, because we do not know where the price will reverse, we will wait to see if price is pulled further back.
I would wait for the price to drop down to 2.7238 and confirm the reversal to enter LONG.
Entering now would also be fine since the downtrend was not aggressive, increasing the likelihood of price respecting the zone. If we can confirm the reversal earlier, we might enter then instead of waiting for an additional drop.
But for now, because we do not know where the price will reverse, we will wait to see if price is pulled further back.
God bless you :)
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
God bless you :)
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.