Zclassic/btc pair idea
מעודכן
As we saw by the past this market is strongly emmotional, but we bounced on the 0.618 retrace of the enormous upside, then tested the 0.786 retracement.
I hilighted in the chart the mains levels to retest.
I expect a strong resistance in the red box to protect further gains. the price was already rejected previously at this zone.
I think there will be more consolidation before a retest, a breakout will lead to retest the highs of the previous upside.
the main support is at 0.0016 level, a breakdown will lead to more losses.
RSI is suggesting more upside.
Let's see
I hilighted in the chart the mains levels to retest.
I expect a strong resistance in the red box to protect further gains. the price was already rejected previously at this zone.
I think there will be more consolidation before a retest, a breakout will lead to retest the highs of the previous upside.
the main support is at 0.0016 level, a breakdown will lead to more losses.
RSI is suggesting more upside.
Let's see
הערה
support break, going to the previous 0786 retracement
כתב ויתור
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