On this analysis we are taking a simple look at the daily chart that is looking great. Been a while since we said that but it does.
Notable aspects:
- We have an inversed H&S pattern that is pretty well defined and the price is now trying to break the neckline
- Support is getting stronger at the $42.000 area
- The Kumo cloud is breakable and will also offer support with the lead 2 line
- Conversion line is piercing the cloud
- The RSI is gaining the momentum needed in order to pierce the cloud and head to the break of the neckline
Considering the $41.500 - $44525 area a good DCA zone
Notable aspects:
- We have an inversed H&S pattern that is pretty well defined and the price is now trying to break the neckline
- Support is getting stronger at the $42.000 area
- The Kumo cloud is breakable and will also offer support with the lead 2 line
- Conversion line is piercing the cloud
- The RSI is gaining the momentum needed in order to pierce the cloud and head to the break of the neckline
Considering the $41.500 - $44525 area a good DCA zone
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Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join our free telegram community here: t.me/sublimetraders
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Our website: sublimetraders.com/
Proudly listed on binance-futures-signals.com/
GET Lorentzian ML access - bit.ly/Lorentzian
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.