Waves entry point
Note
EDIT: (Sorry, still new to this ) Not sure if I am correct but my understanding is that a good entry price when the faster EMA line (Purple) crosses slower EMA line (Pink). This should result in a a good upswing.
Once the candles breach the red area of Ichimoku Clouds (around 93k) then it should break out
Comments welcome (if I am wrong then please correct me)
Note
So the first entry point is probably around 89k with a breakout being confirmed if we reach 93k (or by passing through the read area)MACD and RSI are showing a positive upswing movement
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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.