Friday, May 3, 2024
Main three zones we should be looking for longs are the following:
1) 19180-19020 – pre d&p two days range
2) 18815-18680 – buy zone from previous day which accumulated high volume on first leg of the dump
3) under 18375 and basically down to the wick low – re-test for max pain of FOMO buyers

I’m not sure we will see the third zone re-test so early. It will be re-tested in any case, but if we expect market to continue bullish momentum it will leave that re-test for later period. Remember – according to my cycles chart bottom is in between December-March, so there is plenty of time till then.

Will be monitoring price action and let you know my thoughts as it goes.

@CryptoBullTrades


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