In my opinion, we are in a region\zone where we seen twice and now potentially the 3rd time where price action ranges in a region, just below a key resistance area. One might say, accumulation. How you trade here is based on your strategy, but have one.
Me personally, I'm waiting for the 9k area to pickup up on any weak hands who let go of their holdings in this region. As I mentioned in previous posts, I have BTC which I'm going long with as well.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards, S.Sari /CryptoProspa (for my reference > Master.copy 8 HRLY
Ghi chú
Trend line or fib extension 1.618?
Ghi chú
Progress update: The pullback is gradual and looking good in terms in the way its pulled back. Here I think its the turning point with 2 strong 30 min candles, with MACD convergence and starting to turn up. As well as the wick has touched the previous resistance and now support.
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