Rune just finished testing the H4 channel which has been holding since the resent bull run from 2$ and now 10$.
Following the recent market recovery many believe that Altseason or Bull Run has commenced.
However I can see some ending diagonal expansion pattern, Which currently the support is at 10.300 which if holds will drive the trend to another higher and the resistance is around $12.900 - $13.00
How ever if you felt it's now time for the bears to kick in, maybe opening a sell position below 10$ and riding till the H4 channel support maybe a good idea.
Whichever way you choose trade safe, and always secure your account.
Kindly leave your opinion on the comment section
Plz like and follow
Thanks
Following the recent market recovery many believe that Altseason or Bull Run has commenced.
However I can see some ending diagonal expansion pattern, Which currently the support is at 10.300 which if holds will drive the trend to another higher and the resistance is around $12.900 - $13.00
How ever if you felt it's now time for the bears to kick in, maybe opening a sell position below 10$ and riding till the H4 channel support maybe a good idea.
Whichever way you choose trade safe, and always secure your account.
Kindly leave your opinion on the comment section
Plz like and follow
Thanks
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.