Patience is paying off as it looks like the big move is still coming, all the while we have been creeping up. Looking at this 4HR intraday chart we can see RSI broke out of its little wedge a few days ago, while it looks like DI+ is finally breaking out alongside a rising ADX trendline so it hopefully the trend starts to pick up. On the flipside, charts of BTC look kinda scary right now. I'm looking at a 1HR intraday BTCUSD chart and the price is bouncing between the lower BB and the 20SMA which usually means a freefall is about happen. I put a horizontal line where our lofty first target is, although I think we will be moving much higher it never hurts to take some profits and be ready to buy back. Or hold for higher because I think we caught a good swing low. I think we're in good position for the next move, good luck.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.