Daily Equilibrium Pattern + Potential Oversold Bounce
Updated
Today marks the 6th candle of the equilibrium pattern.
I bought a position at 2600 satoshis and looking to exit at 3000 satoshis.
Watch for a break of the support/resistance levels.
Expecting this pattern to break bullish since the RSI levels were so low recently.
Good luck everyone!
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
I bought a position at 2600 satoshis and looking to exit at 3000 satoshis.
Watch for a break of the support/resistance levels.
Expecting this pattern to break bullish since the RSI levels were so low recently.
Good luck everyone!
DISCLAIMER:
I'm relatively new at TA and I appreciate any and all feedback/comments/criticisms! Hope my insight helps someone out there :)
Note
Wait I'm sorry guys this is actually the 4 hour time frame!! Just noticed and it's too late to edit :[Note
Closed with a lower low so I'm outGoing to play it safe
Note
Key Support: 2420 sats
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