We see double bottom and higher high and higher low in low time frame. lets' see what happens!
As you can see in long run we have 2 parallel channels and price bounces as before . . . Now it is time to decide which way we will continue our trend to!!!!!!! this analysis is just for learning purposes and not a financial advise. please don't forget to like and comment your opinion. Best Regards
As you can see the price is bouncing in a triangle... for breakout from each side of it we need confirmation and volume to continue trend The green line which is a box of price is a good support till now And this is just for learning Purposes and not a investment advice For support please press Like button👍
As you guys may notice the fibo 0.61 is really important as my last trade published for TRX/BTC I hope this one would be good example for you and help to have a greater vision also look for Divergence in AO in Daily timeframe which is really important. Hope you guys have a Fantastic day I WILL BE GLAD TO HIT THE LIKE BUTTON ;)
Just an advice from me not a financial advise>>>Just for learning purposes
THIS IS MY IDEA GUYS I HOPE USING FIBO WILL HELP YOU TO HAVE A VIEW OF MARKET ALSO THIS IS NOT A FINANCIAL ADVISE JUST A IDEA THAT YOU MAY LIKE IT... HOPE YOU HAVE GREAT DAY AND GOOF PROFIT . WISH YOU GUYS THE BEST ;)