Before the good news, remember at all times that the price is still trading below and neatly following the 10 EMA.
The good news for the bulls out there is that the price is now kissing a long term key demand level.
The famous AMC rally back in 2021, erupted from close to its current levels.
This tends to be a good reason to start looking for bullish opportunities. A breakout and close above the 10 EMA would be an interesting trigger.
Remember at all times that trading is not predicting the future. It is more about detecting asymmetries in the markets and managing risk.
Especially the latter, I advocate. Manage risk at all times, at all costs, with the utmost diligence.
Cheers,
Tenacious Tribe
The good news for the bulls out there is that the price is now kissing a long term key demand level.
The famous AMC rally back in 2021, erupted from close to its current levels.
This tends to be a good reason to start looking for bullish opportunities. A breakout and close above the 10 EMA would be an interesting trigger.
Remember at all times that trading is not predicting the future. It is more about detecting asymmetries in the markets and managing risk.
Especially the latter, I advocate. Manage risk at all times, at all costs, with the utmost diligence.
Cheers,
Tenacious Tribe
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
