UPDATE: UNI UP 83% after bullish signal - Ready for more 🚀
UNI pumped 83% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the bullish zone at 69. If we take a look at the Average Directional Index ( ADX DI) its bullish . The +DI (Green Line) is above the -DI (Red Line). Although the green line is pointing downwards. The Trend Strength is still strong. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line).
Currently UNI is also above its Bollinger Bands Upper Band, Band Basis 20 Period SMA . A retrace within the Bollinger Band and the ADX pointing downwards, means a retrace is more likely. Note: UNI also hit the resistance (grey block).
Waiting patiently on a bullish Supertrend Ninja signal served me well.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the bullish zone at 69. If we take a look at the Average Directional Index ( ADX DI) its bullish . The +DI (Green Line) is above the -DI (Red Line). Although the green line is pointing downwards. The Trend Strength is still strong. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line).
Currently UNI is also above its Bollinger Bands Upper Band, Band Basis 20 Period SMA . A retrace within the Bollinger Band and the ADX pointing downwards, means a retrace is more likely. Note: UNI also hit the resistance (grey block).
Waiting patiently on a bullish Supertrend Ninja signal served me well.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
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Tradingview is the only channel I use.
Tradingview is the only channel I use.
Penafian
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