Viberate / BitcoinUpdated VIB/BTC - hidden bullish divergence
We see in this chart that there is a hidden bullish divergence.
Also we see a nice uptrend on the RSI and it tries to break trough the ichimoku cloud.
When it will break the ichimoku cloud I think we will get to the resistance level (start ichimoku cloud) on the daily (245).
Nice place to take a position.
position at - 196
Stop loss - 185
profit take - 235 (20% profit target) - you can also take the ichimoku cloud on the daily 245 but don't miss the profit!
Also we see a nice uptrend on the RSI and it tries to break trough the ichimoku cloud.
When it will break the ichimoku cloud I think we will get to the resistance level (start ichimoku cloud) on the daily (245).
Nice place to take a position.
position at - 196
Stop loss - 185
profit take - 235 (20% profit target) - you can also take the ichimoku cloud on the daily 245 but don't miss the profit!
Note
There we go , break out the ichimoku cloud on the 4 hour chart and on the daily it is heading to the lower line of the ichimoku cloud. Still enough breath for VIB to head forward to our targets!
So let's wait a little longer
Trade closed: target reached
target reached
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