Hello beautiful person!
Quick article, just wanted to heed you all a warning if you think about entering or trading.
Price had a very strong support at expected level 25k euro, and bounced upwards.
However it is wise to wait for a confirmation before entering, in order to minimize risk.
Confirmation would come in form of breaking resistant line (previous support), and retesting as a new support line; while holding.
This confirms that downward momentum is lower than the upward momentum, and we can see increase in price or sideways.
Stay safe out there and control your feelings!
Darkside, quicker it is.
Stronger; it is not!
PS
Sorry For the messy chart. It was totally different from preview and to publish.
Quick article, just wanted to heed you all a warning if you think about entering or trading.
Price had a very strong support at expected level 25k euro, and bounced upwards.
However it is wise to wait for a confirmation before entering, in order to minimize risk.
Confirmation would come in form of breaking resistant line (previous support), and retesting as a new support line; while holding.
This confirms that downward momentum is lower than the upward momentum, and we can see increase in price or sideways.
Stay safe out there and control your feelings!
Darkside, quicker it is.
Stronger; it is not!
PS
Sorry For the messy chart. It was totally different from preview and to publish.