We all know that this crypto bounce came from nowhere and its way down to the bottom is not over yet.
The question is where will start the next leg down ?
I personally choose to trade ALT coins BASED 100 % on bitcoin chart. I repeat, I do not take any important decision on any alt coin before I check bitcoin.
I prefer metaverse and gaming alts because they are very hyped lately.
I believe the last leg down will be around 27-30k for bitcoin.
See my potential SHORT setup for SAND, 1/6 RR trade.
The question is where will start the next leg down ?
I personally choose to trade ALT coins BASED 100 % on bitcoin chart. I repeat, I do not take any important decision on any alt coin before I check bitcoin.
I prefer metaverse and gaming alts because they are very hyped lately.
I believe the last leg down will be around 27-30k for bitcoin.
See my potential SHORT setup for SAND, 1/6 RR trade.
Note
Reasons to short there : 4 hour supply, 50 % of the weekly candle (which acts as support and resistance) / daily resistance as SL , downtrend resistance.TP : weekly support since last year.
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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.
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.
