TE Weekly Update: After bouncing off the bull market support band, we're seeing another solid rally taking shape. Last week's shooting star pattern is suggesting the price wants to establish a higher low—but where exactly will that happen?
The key question traders are asking right now: does it revisit and retest the bull market trend? The chart setup looks interesting here. Support levels are holding, momentum is there, but we need to watch if buyers can push through resistance or if we see profit-taking at key zones. The micro structure will tell us everything about what comes next.
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RooftopVIP
· 10h ago
It's another ambiguous analysis; whether the support level holds or not still depends on how the main players want to play.
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SelfSovereignSteve
· 10h ago
It's that same old story, microstructure determines everything... Is it true or not? It feels like I say this every week.
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SignatureAnxiety
· 10h ago
It's the same story again. Holding the support level doesn't matter; in the end, it all depends on the market maker's mood.
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SchrodingerPrivateKey
· 10h ago
High-level fluctuation, it still depends on whether we can break through the resistance level this week, otherwise it will be a wasted effort again.
TE Weekly Update: After bouncing off the bull market support band, we're seeing another solid rally taking shape. Last week's shooting star pattern is suggesting the price wants to establish a higher low—but where exactly will that happen?
The key question traders are asking right now: does it revisit and retest the bull market trend? The chart setup looks interesting here. Support levels are holding, momentum is there, but we need to watch if buyers can push through resistance or if we see profit-taking at key zones. The micro structure will tell us everything about what comes next.