Looking at this chart and the supporting trendline, it should give us a daily reversal candle. On the shorter time periods, the 4 hrly entry but I'm looking for the price.
While typing this, Btc breaks to the ATH. Lets see how it effects the alts.
Ideally, I like to see the 10/20 ema on the 4 hr, acting as support and on the 1 hourly, 13/50 ema cross over.
All the best,
S.SAri
On the daily, I like to see the RSI above 50%
Note
a little earlier screenshot
Note
4 hrly, looking for RSI to go above 50%. Note the blue ema, 10 and 20 on the daily. Still not passed.
Trade active
I entered this trad some time back as I thought yep, its the bottom. Took that chance and now confirmed with my requirements. Have the 13/50 ema on the 1 hr crossed over. Price is above the daily 10 and 20 ema.(blue lines) Price is at the daily resistance level
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