That was a beautiful dip that tested down to 40k gradually and holding above my purple line which is the downtrend that began in 14th of August.
This downtrend line has been successully tested 3-4 times within a month.
I hope you were able to use this dip as a buy opportunity.
Fun times ahead for those who are patient!
We will hopefully see it break 44k soonish and then going 46.5k touching back to the main uptrend's bottom red line and seeing some resistance.
Remember to take profit on your way up and use a stop-loss!
NFA.
This downtrend line has been successully tested 3-4 times within a month.
I hope you were able to use this dip as a buy opportunity.
Fun times ahead for those who are patient!
We will hopefully see it break 44k soonish and then going 46.5k touching back to the main uptrend's bottom red line and seeing some resistance.
Remember to take profit on your way up and use a stop-loss!
NFA.