Hello, all
First of all, please don't panic and sell. If you can read indicators and patterns, you could see that at 33,000 it was a strong support earlier this week. Now we see a clear double bottom formation 4H time frame.
RSI shows a positive sign too, for example at 4H you can clearly see a rise from oversold towards the middle of the trend
MACD is turning green on later time frames which is a good sign too.
I personally will keep buying the dip. If we can protect level 33,000-35,000 then we can expect a rise towards 42,000. If we fail, then 25,000 is imminent level with a very strong support and demand.
First of all, please don't panic and sell. If you can read indicators and patterns, you could see that at 33,000 it was a strong support earlier this week. Now we see a clear double bottom formation 4H time frame.
RSI shows a positive sign too, for example at 4H you can clearly see a rise from oversold towards the middle of the trend
MACD is turning green on later time frames which is a good sign too.
I personally will keep buying the dip. If we can protect level 33,000-35,000 then we can expect a rise towards 42,000. If we fail, then 25,000 is imminent level with a very strong support and demand.
交易结束：到达目标:
Closed trades at 38,500 (+5,000). Double bottom played out well. RSI did not lie either.