long dent
In my previous chart involving the ichimoku cloud i mentioned how bullish dent / eth pairing was looking. well now we have broken up out of the ascending triangle and can expect to retest the 1100 range. This is just how things go, when resistance breaks the market must come back down to retest the previous resistance area to ensure it has become support! This is just the markets way of verifying that this was indeed an organic breakout.
Entry: 1095-1120 area
Stop loss: depends on your risk appetite
Profit target 1: 56 sats
target 2: 62 sats
Entry: 1095-1120 area
Stop loss: depends on your risk appetite
Profit target 1: 56 sats
target 2: 62 sats
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.