During the last update I mentioned the bullish signs to watch for.
Since then:
-Support zone held
-RSI and OBV have broken the trendline
-EMAs have crossed up
-Price has pushed into a resistance level
Moving forward...
Bullish scenario:
-Pullback to EMAs then break through resistance
-53k would be incoming
Bearish scenario:
-Price rejects off resistance
-EMAs fail to provide support
-Price falls back to prior key support zone (39-42k)
Since then:
-Support zone held
-RSI and OBV have broken the trendline
-EMAs have crossed up
-Price has pushed into a resistance level
Moving forward...
Bullish scenario:
-Pullback to EMAs then break through resistance
-53k would be incoming
Bearish scenario:
-Price rejects off resistance
-EMAs fail to provide support
-Price falls back to prior key support zone (39-42k)
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.