Long
The "WAVES" Rises
In previous analysis i described how price hit with an ATH
And I drew three phases called Action Reaction and Resolution
price now in resolution phase and being sent to the new ATH
SIGNALS
Crossover strategy,intersection moving averages MA50 (Red line)> EMA20 (Green line)> MA10 (Dark blue line)
This combination leads to bullish action.
In 7th October confirmed a higher low ($2.0649)
Andrew's Pitchfork "Hagopian" signal as you can see price was able to broken trigger line (Yellow line)
161.8 and 261.8 fibo extension levels can be considered as a take profit .
INDICATORS
MACD crossed up from zero line and rise while gaining momentum
RSI with 71 is really strong and bullish
GOOD LUCK
Glad to see your comments
And I drew three phases called Action Reaction and Resolution
price now in resolution phase and being sent to the new ATH
SIGNALS
Crossover strategy,intersection moving averages MA50 (Red line)> EMA20 (Green line)> MA10 (Dark blue line)
This combination leads to bullish action.
In 7th October confirmed a higher low ($2.0649)
Andrew's Pitchfork "Hagopian" signal as you can see price was able to broken trigger line (Yellow line)
161.8 and 261.8 fibo extension levels can be considered as a take profit .
INDICATORS
MACD crossed up from zero line and rise while gaining momentum
RSI with 71 is really strong and bullish
GOOD LUCK
Glad to see your comments
Note
And more than 80% profit ....
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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.
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.