=======
Volume
=======
- slight increase
==========
Price Action
==========
- Broken out of latest downtrend
- Supported at $34
=================
Technical Indicators
=================
- Ichimoku
>>> price above cloud
>>> Green Kumo Budding
>>> Tenken [Conv] - Within clouds & piercing up
>>> Kijun [Base] - Below clouds & piercing up
>>> Chiku [lagging] - Below clouds & piercing up
=========
Oscillators
=========
- MACD bullish
- DMI bullish
- StochRSI, bullish, crossed and near overbought region
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $37
Entry 2 - $35.50
Stop - $32.50
Exit 1 - $40
Exit 2 - $44
Exit 3 - $50
Exit 4 - $56
Exit 5 - $66
Volume
=======
- slight increase
==========
Price Action
==========
- Broken out of latest downtrend
- Supported at $34
=================
Technical Indicators
=================
- Ichimoku
>>> price above cloud
>>> Green Kumo Budding
>>> Tenken [Conv] - Within clouds & piercing up
>>> Kijun [Base] - Below clouds & piercing up
>>> Chiku [lagging] - Below clouds & piercing up
=========
Oscillators
=========
- MACD bullish
- DMI bullish
- StochRSI, bullish, crossed and near overbought region
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $37
Entry 2 - $35.50
Stop - $32.50
Exit 1 - $40
Exit 2 - $44
Exit 3 - $50
Exit 4 - $56
Exit 5 - $66
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
