Daily Stoch: On Bottom, Blue Stoch stopping the fall.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.
Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.
Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.
Possible Targets
1ST: $89
2ND: $93
3RD:$101
Possible Stop Loss
Under EMA 50: $64
This is not a recommendation, just my view.
Never forget to see what's happening with
BTCUSDT, cause alt coins trend to follow their movements but with other volatility.
Weekly Stoch: 3 weeks ago made a buy signal, still bullish.
Daily Elliott Oscillator: Slowly decreasing bullish momentum.
Weekly Elliott Oscillator: Creasing bullish momentum.
Considering that we have a strong bullish momentum on weekly chart and a weaker one on daily chart, this triangle seems to be of continuation.
Possible Targets
1ST: $89
2ND: $93
3RD:$101
Possible Stop Loss
Under EMA 50: $64
This is not a recommendation, just my view.
Never forget to see what's happening with
BTCUSDT, cause alt coins trend to follow their movements but with other volatility.
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.
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.