KAVA.BTC (Y20.P4.E1).Next stage.Macro structure TA
Updated
Hi All,
Keeping this short as there are many to reviewed:
Came across this which showed simplicity as well.
Although I posted in on the 8 hrly chart, refer to the daily for means of trading as the Daily chart gives a more accurate trading perspective >
Note we are on the bottom of the B.Band > extended hence I see it moving towards the mean of the BB and the daily RSI supports this with the wedge formation, all occurring at 2 main fib levels.
If you haven't entered already, try to look at the 1 hrly time frame to seek that right entry level using the Daily RSI as a guide for the boundaries;
If it breaks the RSI trend line, then its likely to go up.
I have it pulling back as per the daily RSI for completing point E of a wedge.
Regards,
S.SAri
Keeping this short as there are many to reviewed:
Came across this which showed simplicity as well.
Although I posted in on the 8 hrly chart, refer to the daily for means of trading as the Daily chart gives a more accurate trading perspective >
Note we are on the bottom of the B.Band > extended hence I see it moving towards the mean of the BB and the daily RSI supports this with the wedge formation, all occurring at 2 main fib levels.
If you haven't entered already, try to look at the 1 hrly time frame to seek that right entry level using the Daily RSI as a guide for the boundaries;
If it breaks the RSI trend line, then its likely to go up.
I have it pulling back as per the daily RSI for completing point E of a wedge.
Regards,
S.SAri
Note
still downward pressureTrade active
bullish. chart update
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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