On the 4-hour chart price may dip below the tinken line (circled green) which may indicate a drop down to the kijun line. Close to a 12% drop, before finding support on the cloud.
Some traders/algos may take profit below the tinken, looking to rebuy at the kijun.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Some traders/algos may take profit below the tinken, looking to rebuy at the kijun.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
