First of all, we can identify a reverse head and shoulder. Bullish sign. Then, the green line is crossing the red which means price going up (in the 4H). But the most important thing is the blue line crossing the 50 level in the daily, which means big expansion incoming. As the red and the green line are above the 50 lvl (in the daily) the ODD that the expansion...
I see a strong resemblance to Wyckoff's accumulation phases. This is a potential scenario.
I would say today until 15 may we may see some greens. Target is acqua b-band at 42 $, at least. Orange could also be hit as in previous times.
We can also think of going to break even and moving the take profit and stop loss if we notice that the trend takes speed. Not financial advise.
Very clean setup. Imo 27 $ soon. Not financial advise.
The divergence is obvious but we’re still in an uptrend so we should not trade like this. It's just for training. I can also see the forming a doji standard that as we know can be a reversal signal if it is formed after candles with very long body, as in this case.
I think this div hasn't still played out. I previously said that maybe the bottom was in at the 27xxx spike but now i've realized that something like this could happen. The reason for this is the RSI that it's still going down. If my theory was correct we could see the 26xxx - 25xxx range very soon.
Again another bull div. We could easily see 0.70$. Trade safu.