Potential Triple Bottom on 1D timeframe if we find support in our demand zone
Targets on a chart
Targets on a chart
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Due to the USDT and USDC dominance chart, as it reached oversold level, I have closed my CLV position, I expect some correction per BTC and ALTs, therefore I will post new ideas once it occurs
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Forgot to mention that I have rebought CLV and increased its amount after local pumps
As for now we are approaching 200MA on 12H timeframe, let's see whether we manage to break it and stay above
Also on August 10th, we will have new inflation numbers, hence I am expecting some volatility on a market, moreover we are in oversold area in USDT.D chart, that is why reversal might be coming, so I would recommend to keep tight stop loses unless you are holding long term(as me)
As for now we are approaching 200MA on 12H timeframe, let's see whether we manage to break it and stay above
Also on August 10th, we will have new inflation numbers, hence I am expecting some volatility on a market, moreover we are in oversold area in USDT.D chart, that is why reversal might be coming, so I would recommend to keep tight stop loses unless you are holding long term(as me)
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I decided to close CLV trade and await for the total market correction