4 hr 0.64% chart RSI is reversing and if the wave patterns are interpreted correctly we should see a wave 5 around this time. 5 minute pattern at the time of writing shows a flag, so although 0.0016 was rejected it seems likely to retest it. I like to use short timeframes to gauge local price action. If .0016 is broken next target is in the green box shown from 0.00174-0.0018
T1 0.00160
T2 0.00174
T3 0.00180
T1 0.00160
T2 0.00174
T3 0.00180
Nota
Bear flag forming, watch closely and plan an exit if it becomes necessary
Dagangan aktif
Today's price action in my opinion is a display of the price manipulation that occurs in crypto. Never have I seen so many bullish indications whilst testing the same level 4-5 times and even breaking it once, yet still the price doesn't sustain a move beyond it.Nota
4 hr closed above 0.0015, finally might be good to go.Nota
Target 1 hitTarget 2 hit
Dagangan ditutup: sasaran tercapai
Closed trade a while ago, had to go out so I set a stop loss and the sharp drop a few hours ago took it out. Closed in profit. Haven't re-entered and not going to.Nota
If you missed the original opportunity current price action says you can enter now if you wish.
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.
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.