Long
VIBE analysis
MACD shows a downturn at this point in time.
Do not buy until MACD show a positive divergence.
(Blue needs to cross over orange and be at bottom of cycle)
wait for break in descending triangle.
Look for a good entry point below the descending triangle. If it breaks support than disregard this analysis.
Short term: 1-3 days (sell)
mid term: +3 days (buy)
We could see some good movement in the next week
Do not buy until MACD show a positive divergence.
(Blue needs to cross over orange and be at bottom of cycle)
wait for break in descending triangle.
Look for a good entry point below the descending triangle. If it breaks support than disregard this analysis.
Short term: 1-3 days (sell)
mid term: +3 days (buy)
We could see some good movement in the next week
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.
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.