I am currently waiting on this weekly candle to close in 7 hours from the time of this post! If the weekly candle closes in or above my purple zone then more upside moves should happen as this is a key psychological level as you can see it has been used many times before mostly as support with each touch in this zone creating massive bounces to the upside.
On the other hand if the candle closes below this zone as it is currently then i can see massive downside moves to around the $800-$1000 level.
Again patience is key to making and more importantly not losing money in crypto!
DM me if you would want daily analysis, trades & education.
On the other hand if the candle closes below this zone as it is currently then i can see massive downside moves to around the $800-$1000 level.
Again patience is key to making and more importantly not losing money in crypto!
DM me if you would want daily analysis, trades & education.
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