Make your research about this pattern After of a hard sell pressure Sellers begins to loose powers and buyers begin taking the control
Hope enjoy this call I'm long with this one The triangle pattern was broken showing good volumen, We can go back to 43k$
1D - engulfing 1H - BOS Full field the inefficiency Going to POI, after that might be looking for shot situation based on all the facts above.
RSI , MACD & RVI reached their resistance lines on 4H, therefore, it is safe to expect the price to go down to its TP1 at 57050 USD level. The price may still go up to 59300 USD before or after this correction. The chart shows main channels: the main one is in pink colour, the flat is in black colour that the price recently broke out off and the new potential...
Moving in an uptrend channel and in the event of a break the next support channel specified in the downtrend scenario. The next goal is also characteristic in the ascending scenario. According to the market conditions, the ascending scenario has a better chance and we have to wait for today's daily candle.
Based on the formation of the triangle it is plausible to expect the price to go to its resistance level in light red colour. The height of triangle's formation also supports the distance of the price action. Also, the last 3 candles including the one today on 12H show a local trend reversal, which also support current Long. Once the price reaches the green...