MID-TERM:
-Cup and handle
-Ascending Triangle
-4hr Classic Bullish Divergence on MACD
-RSI breaking trendline
-Daily Bullish Engulfing Candle
entry: honestly not super tactical, banking on the 4hr divergence to help it break the handle
Target: Targeting $69k which jusr is under the psychological resistance of 70k, the measured move of the cup/handle, and the 1.618 fib extension from all time high to 3/25/21 low
Stop loss: under 3/28/21 lows
***All of this includes risk, this is not financial advice, just a chart idea.
-Cup and handle
-Ascending Triangle
-4hr Classic Bullish Divergence on MACD
-RSI breaking trendline
-Daily Bullish Engulfing Candle
entry: honestly not super tactical, banking on the 4hr divergence to help it break the handle
Target: Targeting $69k which jusr is under the psychological resistance of 70k, the measured move of the cup/handle, and the 1.618 fib extension from all time high to 3/25/21 low
Stop loss: under 3/28/21 lows
***All of this includes risk, this is not financial advice, just a chart idea.
Not financial advice, just ideas.
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.
Not financial advice, just ideas.
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.