I'm pissed because I don't have fiat to invest right now, however this looks like a falling channel breakout.
Price is piercing through the ichimoku cloud, I think if next 2 candles close over the cloud we go up, otherwise price will remain in this area for another bit. I personally think it'll go up, especially considering the strenght of project.
Trading in this kind of situation as short-term is very easy: enter close to the cloud border, if price goes back inside the channel sell. The only "tricky" choice is when price slightly goes down but retesting the channel upper line. Should that happen uses the cloud support, if price drops below that it's better exiting!
Price is piercing through the ichimoku cloud, I think if next 2 candles close over the cloud we go up, otherwise price will remain in this area for another bit. I personally think it'll go up, especially considering the strenght of project.
Trading in this kind of situation as short-term is very easy: enter close to the cloud border, if price goes back inside the channel sell. The only "tricky" choice is when price slightly goes down but retesting the channel upper line. Should that happen uses the cloud support, if price drops below that it's better exiting!
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.