CPCBTC Soon to Rebound To 16K sat
Updated
#1 Indicator: Ichimoku Cloud (Purple shaded area on my chart) - If price enters the cloud, most of the time, it will touch the other edge of the cloud. In this case, it touched the bottom edge of the cloud and should proceed to top edge.
#2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to the top of Ichimoku Cloud.
Comment your thoughts!
#2 Indicator: TK Cross ( Dark blue is 'T' line, light blue is 'K' line) - TK cross is a bullish move which supports movement to the top of Ichimoku Cloud.
Comment your thoughts!
Comment
Forgot to mention, #3 Indicator: The wick on today's candle (Dec 27, 2017) touched the K line (light blue line) and bounced up. That indicates it hit the bottom of a drop and will go up from there, in this case, proceed to the top edge of the cloud.
Comment
The rebound could take days or weeks longer.Comment
16k reachedTrade closed: target reached
Trade closed JAN 15th @ 0.00016147Disclaimer
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