Here a set up I will probably be trading on the 4 hours chart. A upward channel has taken place for the past 7 days and we do see what could be a bounce to reach the upper limit in the near future.
I can see a bullish RS divergence and the macd almost crossing over on the 4 hours chart which I believe shows that a reversal might take place. Although the volume is not showing the wanted strength yet, there is a bullish engulfing candlestick on the lower limit of the channel only after 1h30. I will enter the trade once i get the confirmation that the reversal is taking place - MACD cross-over/ 55ema cross-over with strong volume. target price around 0.0016 BTC
I can see a bullish RS divergence and the macd almost crossing over on the 4 hours chart which I believe shows that a reversal might take place. Although the volume is not showing the wanted strength yet, there is a bullish engulfing candlestick on the lower limit of the channel only after 1h30. I will enter the trade once i get the confirmation that the reversal is taking place - MACD cross-over/ 55ema cross-over with strong volume. target price around 0.0016 BTC
Nota
past month* not 7 days :)
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.