Use fib lines as targets - both time and price analysis are available on the chart.
Measure fib zone 1 to fib zone 2 to determine a time estimate for the formation on the right side of the cup chart pattern within fib zone 3 to fib zone 5.
RSI shows plenty of action on the upper +50 range, indicating bullish bias.
MACD shows fresh momentum.
No volume divergence.
Double bottom pattern shows minor correction is done.
EMA bounce up, no cross.
READY TO GO.
Measure fib zone 1 to fib zone 2 to determine a time estimate for the formation on the right side of the cup chart pattern within fib zone 3 to fib zone 5.
RSI shows plenty of action on the upper +50 range, indicating bullish bias.
MACD shows fresh momentum.
No volume divergence.
Double bottom pattern shows minor correction is done.
EMA bounce up, no cross.
READY TO GO.
Trade active
Note
buy the break out, when price action leaves/breaks the downward channel (moving up)Note
leaving the buy boxNote
BOOMNote
fractals on 4HNote
btc correction took bts with it, a double bottom has appeared on 4HOrder cancelled
btc
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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.
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.