Yesterday, we looked for selling opportunities from the zone
Today, we can already see that rejection and price is heading towards the first target at 37 300.
The breakout will confirm a downside continuation to 30K.
Once we rejected that zone, we should not see price above 42 600 anymore, in case of a downside continuation.
That’s where you should place your stops as well.
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LOKA/USD LOKA / US Dollar (calculated by TradingView) BINANCE:LOKAUSD AyoKu Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The coin is still new so there’s not much data […]
Indicators are a meme ETH/BTC COINBASE:ETHBTC Satonomics See how RSI is showing Bearish Divergence AND Hidden Bullish Divergence simultaneously hereb..LOL