I started to mark the All Time Low and All Time High on the Monthly, as well as the major support and resistance areas (purple areas) on the Weekly view.
Then I went to see the S/R on the Daily view to get better infos and also on the 4H.
Then I could see this trendlines of support and resistance forming a triangle.
Watching the volumes on the area I think it can test the bottom of the triangle on the 16$ area, wich would be a good entry point, in my opinion.
Afterwards, I guess it's going to break the triangle up and continue to find new levels.
Then I went to see the S/R on the Daily view to get better infos and also on the 4H.
Then I could see this trendlines of support and resistance forming a triangle.
Watching the volumes on the area I think it can test the bottom of the triangle on the 16$ area, wich would be a good entry point, in my opinion.
Afterwards, I guess it's going to break the triangle up and continue to find new levels.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.