SUBBTC Descending channel breakout
Updated
We detected a descending channel breakout, however the price is in overbought state and should lower according to Stoch RSI and MACD to our suggested buying zone. Nevertheless price shouldn't go back to the channel because of the hidden bullish divergence and Ichimoku cloud support which is right at the top line of the support
Signal with buy zone, stoploss and strategy recommendations is in the Premium channel
Signal with buy zone, stoploss and strategy recommendations is in the Premium channel
Trade active
Has reached our 1st target just 4 hours after the signal Profit: 4.1%
Trade active
The coin is in the sideways trend still at the level of our 1st target. We produced a new signal with adjusted targets and stop loss zone. Divergence still presents at the chart, moreover indicators become bullish, confidence and volume of trades grow. It seems like sideways trend is going to over soon and the coin price will start to move upward right to our targets
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