Still not interested to open any long position on $son but:
1- We already broke the bearish trend line and test it as support once
2- Bullish divergence on RSI still supports this bounce from the lows
3- The trigger for opening a long position is having a msb (market structure break) above 95.5
from there, the first resistance on the way is that daily order block (blue box)
and the area that I will be looking to book some profit at is the yellow box which is an FVG on HTF
P.S: Don't hold onto your longs until all-time highs, try to trade level by level instead
1- We already broke the bearish trend line and test it as support once
2- Bullish divergence on RSI still supports this bounce from the lows
3- The trigger for opening a long position is having a msb (market structure break) above 95.5
from there, the first resistance on the way is that daily order block (blue box)
and the area that I will be looking to book some profit at is the yellow box which is an FVG on HTF
P.S: Don't hold onto your longs until all-time highs, try to trade level by level instead
Commento:
the previous update on Solana:
Commento:
Order Block explained !!!!!
Commento:
FVG explained !!!
Commento:
Bybit has a great deposit bonus promotion going on for new sign-ups right now.
You get up to $4800 in deposit bonuses when you deposit a specific coin into a derivatives account.
sign up and BUY/SELL crypto on BYBIT and grab a share of the 100,000 USD prize pool !!!
www.bybit.com/en-US/invite?ref=X...
You get up to $4800 in deposit bonuses when you deposit a specific coin into a derivatives account.
sign up and BUY/SELL crypto on BYBIT and grab a share of the 100,000 USD prize pool !!!
www.bybit.com/en-US/invite?ref=X...