With the sell off we have seen after last week, everyone is trying to pick a bounce from here.
In this diagram I've provided a schematic of areas to watch.
No one knows how far we will go.
Ideally for a shallow pull back, the Inside Range target is where we might see some higher highs and higher lows form.
This would start to form our reversal area.
However, there might be other ideas from the market, and we might to see more stops run before we can go higher.
This would be the two liquidity targets outlined, and then also the outside range target.
The outside range is the gap between the current range lows and the previous structure high.
Time will tell! Best thing you can do now is just watch and likely do nothing.
In this diagram I've provided a schematic of areas to watch.
No one knows how far we will go.
Ideally for a shallow pull back, the Inside Range target is where we might see some higher highs and higher lows form.
This would start to form our reversal area.
However, there might be other ideas from the market, and we might to see more stops run before we can go higher.
This would be the two liquidity targets outlined, and then also the outside range target.
The outside range is the gap between the current range lows and the previous structure high.
Time will tell! Best thing you can do now is just watch and likely do nothing.
Trade attivo
Inside range target created our accumulation pattern.Now we are in a range of re-accumulation. A higher high here will set up the new trend higher in my opinnion.
A break lower and new lower lows is the bearish scenario here.
Looking good! Especially after CPI last night printing lower than expected. Massive.
Trade attivo
Looking good here! Macro factors on point, SEC win for XRP. Targeting $32k from here and watching altcoins.
Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
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Check out my YouTube channel - Crypto With Pav, for crypto market analysis. You can also join my free telegram for more frequent updates - t.me/pavs_ta_temple
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.