The price was moving up last 3 weeks without powerful volume. That's why I think it was just a pull back.
Also, cryptocurrency rate bounced several times from key level $7289.
2 Days ago the price made a fake broke of that level with high volume. For me it is a signal for future price decreasing.
Fundamental news also tells that the price will move down, because SEC (Security Exchange Commission) will clean up the cryptocurrency market. It is another signal that big players will not start trade it.
I recommend open a Sell near $7274
S/L: $7467
T/P: $6279
CCL — Candle created level
CAP — Candle Approved Level
FB — Fake broke
P.S. Push like and subscribe if you want to get more my free signals and market overview.
Also, cryptocurrency rate bounced several times from key level $7289.
2 Days ago the price made a fake broke of that level with high volume. For me it is a signal for future price decreasing.
Fundamental news also tells that the price will move down, because SEC (Security Exchange Commission) will clean up the cryptocurrency market. It is another signal that big players will not start trade it.
I recommend open a Sell near $7274
S/L: $7467
T/P: $6279
CCL — Candle created level
CAP — Candle Approved Level
FB — Fake broke
P.S. Push like and subscribe if you want to get more my free signals and market overview.
Trade attivo:
The price is so close to the Take profit zone.
Write a comment please, what do you think about this trade?
Write a comment please, what do you think about this trade?
Trade chiuso manualmente:
Closed 50% of position
Trade chiuso: obiettivo raggiunto:
The price hit Take Profit
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