So For Now, We were expecting bearish pressure till $85.23 and we had to long again.
We have retest value area high which mean that probability of rally for around 6.31% is most likely and expected. At this point of time funding are still positive, which means that short being opened now LOL (We shorted from $95.81)
So are we going to Bounce strongly? How can you identify? There is only one that is Timing.
If you have very superior understanding of the timing then you can find out easily that yes we are going to bounce strongly.
Fun fact is that I know we will bounce or not but just because I am not your financial advisor so you will have to do your work now.
If you Really want to know the differences and indications about the timing & price behavior in any sort of project or coin then you will have to learn some data points of bearish and bullish divergences moreover the confirmation which will help you to open decent position at accurate prices.
What can help you in this?
Yellow Line, white line, red line and green prices evaluations which will make you confident otherwise you will just buy when it will rise and then you will sell at breakeven LOL.
Trading is not everyone's Cup of Tea, until you learn.
