Few things to observe here. First, the ichimoku is showing a slight bearish resistance level to be tested at 650k sats, the top of the first fib level. This matches the previous 2nd fib level, and if a dip occurs then we will hope for a handle to the cup that has formed over the past couple of weeks. Then we may see a bull run to the previous bull trap range, 900k to 1 mil sats area which is the 4th fib level on the right. Finally, MACD is over crossing over the bullish reversal, and WT at mid way between buy and sell. Stotch RSI not shown but is showing "overbought", assuming this is short term from the sudden spike in price as this fluctuates frequently.
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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.