BitcoinUpdated 9100 is possible because ...
Ok guys now I can say that ... 9100 is possible because of confirmation for support line in rsi in both 4H and daily.
And also there is something else too, bottom line of the triangle in 4h, it should do a retest.
If you see the ichimoko cloud and you know a little of ichimoko trade strategy, you should know that this is the time to test the bottom of cloud now.
So in my opinion we can enter short to 9100 as first target.
And if you dont trust the trend, you can stay out of it for a while to enter the long one to 9300 and 9500.
If you check the daily chart I just shared here, it seems divergence rejected(It could a fake out), im not confirm that yet.
In this case, I rather to stay for a while to see the confirmations...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK.
And also there is something else too, bottom line of the triangle in 4h, it should do a retest.
If you see the ichimoko cloud and you know a little of ichimoko trade strategy, you should know that this is the time to test the bottom of cloud now.
So in my opinion we can enter short to 9100 as first target.
And if you dont trust the trend, you can stay out of it for a while to enter the long one to 9300 and 9500.
If you check the daily chart I just shared here, it seems divergence rejected(It could a fake out), im not confirm that yet.
In this case, I rather to stay for a while to see the confirmations...
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK.
Trade closed: target reached
Trade on 9100 didn't enter, but by 9300 was successful and 9500 touched.
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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.