RISE might continue to RISE

30 Ara 2017

RISE has been following the bullish movement and will likely to continue doing so in the near future.
This is a 4h chart.
Buy zone - 9447
SL - 6821
Target 1 - 13966

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Breakage of the trend-line might be a negative sign for a downward correction.

30 Ara 2017

İşlem aktif

30 Ara 2017

Not

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I just wanted to add an expanded version of the whole picture, including previous resistance and support level.

1 Oca 2018

İşlem aktif

RISE is still in accumulation stage and we might expect a break out either way anytime soon.

4 Oca 2018

İşlem aktif

In the following hours we need to watch RISE closely.
RISE is giving us mixed signals on the 1 day chart all signals are very bearish, while on the 4h chart we may see a trend reversal, MACD and RSI are about to point north.
RISE also found a previous support levels from the previous run.
Another possibility is what we are seeing now is a falling wedge leading to a trend reversal (see the similar pattern in the previous run before the uptrend)

4 Oca 2018

İşlem kapandı: durdurma seviyesi

7 Oca 2018

İşlem aktif

we bounced off of the resistance, it is likely that the trade will continue in a positive up trend.