Hey guys I wanted to share a potential trade we are looking at entering at THE TRADER EDGE.
Looking at the daily here, last month we had a clean breakout with volume supporting the break. We couldnโt push pass that major resistance level. We are in the middle of a nice correction at the moment. If prices drop down to the breakout area and holds it as support around that $70-$80 buy zone that would be a great place to long IF everything else aligns in the market.
I will do my best to update this potential trade as it gets closer.
Stay safe, no emotions, God bless
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๐Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! ๐๐ธ
Binance Square Family...โค๏ธโ๐ฅโค๏ธโ๐ฅ
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!