Telcoin 1HR Chart
The long upper wick is usually bearish.
However, it comes after a large green candle.
I don't see it as bearish but as taking a breath.
The MACD is bullish. No sign of slowing down.
Volume is a little hard to read on this time frame right now.
RSI is bullish.
The supertrend indicator is giving a BUY signal.
Breaking through $0.0022 means $0.0029 will come soon.
I'm not trading based on the hourly. I've got a much longer time horizon in mind. But it is great to see the shorter time frames supporting that narrative.
The long upper wick is usually bearish.
However, it comes after a large green candle.
I don't see it as bearish but as taking a breath.
The MACD is bullish. No sign of slowing down.
Volume is a little hard to read on this time frame right now.
RSI is bullish.
The supertrend indicator is giving a BUY signal.
Breaking through $0.0022 means $0.0029 will come soon.
I'm not trading based on the hourly. I've got a much longer time horizon in mind. But it is great to see the shorter time frames supporting that narrative.
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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.