Volatility in the cryptocurrency market has significantly decreased. The price is under simultaneous pressure from both buyers and sellers, whose forces are roughly equal, resulting in the current stagnation. Eventually, one side will gain strength, and the asset's price will make a sharp move. In this scenario, the bullish case is still being considered.
It is still assumed that an upward impulse movement is beginning to develop, possibly with an extension forming in the third wave. If this is indeed the case, we might see a strong directional move upward as early as today or tomorrow.
The market is giving an opportunity to jump into the last wagon — it's recommended to take advantage of it.
Investment idea: BUY 84800, SL 83000, TP 95000
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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