1. Bull Pennant
2. 3MA Contraction (2H-), Bollinger contraction
3. RSI/Stoch/+, Overbought (1H) >Uptrend (4H) > Undersold (Daily)
4. MACD contraction and Bullish crossover, signal & zero line (4H-), possible bullish divergence
5. Cloud support (1D), Possible breakout through Red cloud
6. Volume contraction, buildup period
Breakout is possible due to RSI/Stoch and MACD trends. Cloud support on the daily, and cloud breakout on hourly, coupled with strong contractions signals a big move.
Watch for mini pennant breakout, possible entry at 1150. It could continue to bounce within major pennant until breakout around 1/12, but a major move is likely sooner rather than later.
XVGBTC
* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
2. 3MA Contraction (2H-), Bollinger contraction
3. RSI/Stoch/+, Overbought (1H) >Uptrend (4H) > Undersold (Daily)
4. MACD contraction and Bullish crossover, signal & zero line (4H-), possible bullish divergence
5. Cloud support (1D), Possible breakout through Red cloud
6. Volume contraction, buildup period
Breakout is possible due to RSI/Stoch and MACD trends. Cloud support on the daily, and cloud breakout on hourly, coupled with strong contractions signals a big move.
Watch for mini pennant breakout, possible entry at 1150. It could continue to bounce within major pennant until breakout around 1/12, but a major move is likely sooner rather than later.
XVGBTC* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
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.