My analysis: short
🎯 1. Take-Profit Target: 0.5225
📈 I've observed a strong level of market support with robust price rejections and extended wicks around $0.772, forming a solid BSL on the 4H timeframe. 📊📈
Furthermore, there's a conspicuous fair value gap on the 4H timeframe, though I have reservations about the price's ability to generate the necessary momentum to bridge it seen the strong momentum of the crypto asset, however I see price retrace there before considering to go further long. 📆📉🚀
Feel free to see my other trade analysis's.
Cheers,
Kevin - Smart Capital Traders
🎯 1. Take-Profit Target: 0.5225
📈 I've observed a strong level of market support with robust price rejections and extended wicks around $0.772, forming a solid BSL on the 4H timeframe. 📊📈
Furthermore, there's a conspicuous fair value gap on the 4H timeframe, though I have reservations about the price's ability to generate the necessary momentum to bridge it seen the strong momentum of the crypto asset, however I see price retrace there before considering to go further long. 📆📉🚀
Feel free to see my other trade analysis's.
Cheers,
Kevin - Smart Capital Traders
Disclaimer
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.
Disclaimer
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.