LINK - OMG! It's going down!
Yeah, currently it is going down. But should we panic?
Of course we have to if we bought on a high leverage. If you didn't close your LONG position i'd suggest to think about at least to decrease it.
However indciators are looking not so bad, and showing me a potential for a reversal to a sustained upward pressure anytime soon.
- We HAVE to wait for the 90M White Energy to climb up above level 50 once again
- 3H and 6H Red RSI might cross level 50 around 03:00 by Moscow time. Check what time it will be for you
- 90M Blue LSMA and Red RSI are very high, Green EMA is above the White Energy, so what we are looking at right now might be a shakeout
We have to PAY close attention to 90M and 3H to figure out the future direction of the price action.
Looks like it's possible to make this next 12H candle to be green!
Pointed this publication as NEUTURAL, because i personally closed my LONGS and waiting for the next 3H and 6H candles to close.
Click like, leave a comment and make sure follow me!
Good luck!
Of course we have to if we bought on a high leverage. If you didn't close your LONG position i'd suggest to think about at least to decrease it.
However indciators are looking not so bad, and showing me a potential for a reversal to a sustained upward pressure anytime soon.
- We HAVE to wait for the 90M White Energy to climb up above level 50 once again
- 3H and 6H Red RSI might cross level 50 around 03:00 by Moscow time. Check what time it will be for you
- 90M Blue LSMA and Red RSI are very high, Green EMA is above the White Energy, so what we are looking at right now might be a shakeout
We have to PAY close attention to 90M and 3H to figure out the future direction of the price action.
Looks like it's possible to make this next 12H candle to be green!
Pointed this publication as NEUTURAL, because i personally closed my LONGS and waiting for the next 3H and 6H candles to close.
Click like, leave a comment and make sure follow me!
Good luck!
ความคิดเห็น:
This was a hell of a shakeout. It reminds me a November 2021, when LINK dropped from $15 to $7 level in one night and then continued going up
ความคิดเห็น:
We begin to reverse.
Probably.
I am monitoring upward pressure races. I pointed them on a chart with Blue Dashed Lines. At the moment we are in a race between 45M White Energy and 90M Red RSI.
Probably.
I am monitoring upward pressure races. I pointed them on a chart with Blue Dashed Lines. At the moment we are in a race between 45M White Energy and 90M Red RSI.
ความคิดเห็น:
