Due to the previous downfall of the bitcoin and ethereum, as well as overall crypto market I expect some kind of rebound from the zone I have marked as long position which is leaning towards a short term change of character towards the long bias, if the first (closest zone) fails I will be looking forward to the second highlighted grey area (50%-75% of the long inefficient wick) from which I would like to see a reversal to the previously formed smooth bayside above.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.