We might reach our target on this weekend followed by a monday pump
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I have seen recently many charts where people draw a support line at 3600 which is in my opinion false theres no real structure i wouldn't cosinder this as a support zone
My view on this:
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There is plenty more room to go down for the rsi on the daily timeframe, im looking for some hidden bullish divergence could take a bit till we reach this target.
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I want to illustrate here where to put buy orders and how much % you should on it
1. Buy order 3485 , 25% 2. Buy order 3310, , 50% 3. Buy order 3100 , 25%
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Theres a little chance to go to 4200 before we are heading more downwards sounds nuts
Bullish divergence on 4 hour timeframe , stochrsi turning up
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Market choosed the straight way down first buy area almost reached
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Great time to buy imo.
Area of interest reached.
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It went a bit off how ever expecting a little retrace now then 4k if everything went well.
i might update the idea later and post a chart
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Target was almost hit just 40 bucks away idea closed now no more updates.
After 3.100, how do you think the rise will be?