Previously, we've had several tries to penetrate the Moku cloud at 6.5k and several dump rejections occur at 6.3k-ish.
S1 should hold strong as RSI indicates oversold and LONGS should eye this area.
S2 should be broken along with the support trend line for it to go bearish and reach S1.
R2 will indicate
XBTUSD price action in the near future. However, Tenkan-Kijun seems like it wants to cross bearishly.
We will see how it goes.
S1 should hold strong as RSI indicates oversold and LONGS should eye this area.
S2 should be broken along with the support trend line for it to go bearish and reach S1.
R2 will indicate
XBTUSD price action in the near future. However, Tenkan-Kijun seems like it wants to cross bearishly.We will see how it goes.
Note
Looks like it broke the support trendline and S2 below.Note
Holy mother what the fuck just happened! Note
I guess direct Moku cloud injection has been occured just now. Price is trying to get into the cloudz.Note
Another strong support at S3 has appeared below the uptrend we're having now. Something I should do with longs around this area. RSI also looks like it's reaching the support level. Note
Say it with me, "TO THE CLOUDS AND BACK!". Looks like we're trying to break the upper resistance trendline. Should try once again and leave behind the history.
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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.