Tenkan Bounce likely after Double Daily Regular Bear Divergence
119
Another reason to expect a big bounce from 9125-9200 after the regular bear divergences play out. Last idea for the night. Still long term bullish as always but support retests and corrective waves are likely. Been saying that since we busted straight to 10K. I'll leave some addresses in my profile if you like my charts feel free to send some support my way
Note
If you like my T.A. feel free to send some support :)
So Kijun bounce was more likely due to the convergence of moving averages at that line but also the minor bounce off 9600 seemed to build up pressure. I'm waiting to see how the daily closes to make any predictions but the larger trend is buillish. A big dip like this increases the likelihood of a bullish halving. The weekly hidden bearish divergence flag actually disappeared after this dip so we may be ready to take off next week
Note
Gonna include referral links from now on for those who wanna support me but can't send coins.
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.
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.