On this chart, we have a crypto specialty, the symmetrical triangle, where the target is generally the height of the triangle. However, these have not been the most reliable in recent times, so I'd recommend taking some profits on the way up.
Everything is looking good for the next few hours. MACD crossed over. RSI ticking up, and lots of volume. Target is equal to a fib level which is always a little confirmation as well. Stop is below a fib level and previous low, which is very conservative for a pattern like this, but still great R:R. Feel free to set it just below the triangle if you don't want to risk so much of your capital.
On the fundamental side of things, what's not to like as well? Twitter has been increasingly active by the day and so much faith is being restored and entering into the project.
Please don't forget to leave a like!
Previous link analysis:
Everything is looking good for the next few hours. MACD crossed over. RSI ticking up, and lots of volume. Target is equal to a fib level which is always a little confirmation as well. Stop is below a fib level and previous low, which is very conservative for a pattern like this, but still great R:R. Feel free to set it just below the triangle if you don't want to risk so much of your capital.
On the fundamental side of things, what's not to like as well? Twitter has been increasingly active by the day and so much faith is being restored and entering into the project.
Please don't forget to leave a like!
Previous link analysis:
Not
Bears are trying hard to not let the price go down TOO fast so that it doesn't make a big wedge again like last time. But on the other hand it could still happen, but ones with a big fakeout/ bear trap like we see here are less reliable.
Not
We are also bouncing on 100 EMA which is nice.Not
However, if we do go down lower, the 17500- 18000 zone should hold.
İşlem kapandı: durdurma seviyesi
Not
Support could be in the 16000 region
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.