JASMY / TetherUSLong
JASMY Idea
Updated
If the price does not breaking the bottom of the channel, (due to the end of the fifth wave in the 4-hour chart), then after hitting the bottom of the channel as well as hitting the 30-MA. there is possibility to return to top of the channel.
Pay attention: that the closing of the ascending candlestick inside the chanel, and then, passaging the next ascending candle above the highest price of the closed candle, is a buy signal.
Pay attention: that the closing of the ascending candlestick inside the chanel, and then, passaging the next ascending candle above the highest price of the closed candle, is a buy signal.
Note
Looks like the last candle closed within the ascending channel! If candle close inside the channel, I'll be buying when it breaks above the high of this candle.
Related publications
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.