An analysis based solely on price.
I have noticed with particular attention that in the last bullish impulse at the time of the break of the trendline there was an important retracement equal to -30% from the peak and then resumed the upward run by carrying out a new ATH.
If we pull the Fibonacci retracements it falls in the 38.2 and 61.8 range, I like it ;-).
Today it repeatedly hit the retracement around -30% from the peak in the 38.2 and 61.8 range. hitting a very important support around $ 40. (I left the Info line either way)
Since I think it is a very important retracement and the DOT situation is positive, I have opened a buy order by now substantial.
I have noticed with particular attention that in the last bullish impulse at the time of the break of the trendline there was an important retracement equal to -30% from the peak and then resumed the upward run by carrying out a new ATH.
If we pull the Fibonacci retracements it falls in the 38.2 and 61.8 range, I like it ;-).
Today it repeatedly hit the retracement around -30% from the peak in the 38.2 and 61.8 range. hitting a very important support around $ 40. (I left the Info line either way)
Since I think it is a very important retracement and the DOT situation is positive, I have opened a buy order by now substantial.
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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.