$DMTR l @dimitratech The 1D pattern has been invalidated as support failed to hold, and price broke lower. It is now back at the 1W FVG and 1M demand zone. The reversal double bottom pattern idea on the monthly timeframe remains unchanged. Daily RSI is entering oversold territory. I expect a relief bounce from this area in the coming days.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.