Long
NCASH - Possible entry soon for longterm uptrend?
1. Strong support from bottom, but decreasing volume
2. Cloud support, broke out from red cloud (4H+), supported by cloud (2H)
3. Possible MACD bearish cross, and bearish divergence
4. Bollinger band Expanding (4H+)
5. Slowly increasing RSI (2H+),
6. Potentially decreasing stochastic
Possible small downtrend to strong support level @ ~490sat before a prolonged uptrend within wedge . Decreasing volume , MACD bearish diveregence, and bollinger expansion are strong signs of a downward move, but gradually increasing RSI and cloud support could limit the downward move. BINANCE:NCASHBTC 0.91%
Watch for breakouts above upper trend line , buy only with strong volume . Otherwise, buy within support range.
* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
2. Cloud support, broke out from red cloud (4H+), supported by cloud (2H)
3. Possible MACD bearish cross, and bearish divergence
4. Bollinger band Expanding (4H+)
5. Slowly increasing RSI (2H+),
6. Potentially decreasing stochastic
Possible small downtrend to strong support level @ ~490sat before a prolonged uptrend within wedge . Decreasing volume , MACD bearish diveregence, and bollinger expansion are strong signs of a downward move, but gradually increasing RSI and cloud support could limit the downward move. BINANCE:NCASHBTC 0.91%
Watch for breakouts above upper trend line , buy only with strong volume . Otherwise, buy within support range.
* (4H-) means anything on the 4 Hour or lower (4H, 3H, 30min, etc.) time frame.
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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.