The price failed to touch or win the red box. This can be interpreted positively, if a product offers trading beyond its fair price, it can be interpreted as suppressed, i.e. a decline before the zone of real sellers is to create liquidity. I would like the line at 902.415B to hold and then regain the line at 937.415B, but it looks like altcoins could go deeper on a possible pullback, so the green box is an area where I would want to use my remaining cash and buy.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.