#Entry #Signal (Up-trend) based on:
#TFSignal
A) Frame 1H (couple of #NR has failed)
1. Breakout of the trendline at $6,650
2. Volume > 50d Avg.
3. RSI > 60
4. Positive MAs vs Close
5. Positive RSI MAs
6. Positive Reversal (Target Achieved)
Position size: 40%
Entry Price: $6550
Stop Loss (Technical Based): ~ $6,300
B) Frame 4H and above
Not yet confirmed.
To confirm change of trend, we need at least:
1. Breakout of resistance zone ~$7,000 (+/- 200)
2. RSI > 60
3. Volume > 50d-avg
** #Bitcoin #Future daily chart is showing signs of trend changing direction accordingly**
We’ll to update within the next 24H
#TFSignal
A) Frame 1H (couple of #NR has failed)
1. Breakout of the trendline at $6,650
2. Volume > 50d Avg.
3. RSI > 60
4. Positive MAs vs Close
5. Positive RSI MAs
6. Positive Reversal (Target Achieved)
Position size: 40%
Entry Price: $6550
Stop Loss (Technical Based): ~ $6,300
B) Frame 4H and above
Not yet confirmed.
To confirm change of trend, we need at least:
1. Breakout of resistance zone ~$7,000 (+/- 200)
2. RSI > 60
3. Volume > 50d-avg
** #Bitcoin #Future daily chart is showing signs of trend changing direction accordingly**
We’ll to update within the next 24H
Note
#TFSignal confirmation signal has not been generated ,, not yet. However, #12H frame of #btc #xrp Stop Loss is tightened at $6,300.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.