This time with a fancy chart and all explanations inside. Feel free to discuss,like and comment. Tell me what you think will 8 k area hold?
Again, keeping it simple. The Cross should happen in about 2-4 hours. Based on the volume profile I expect an impulsive reaction. Probability for upwards movement when looking at the buy volume in the last candles. - Support lines could be used for Stop-Losses, would exit my position - Resistance lines could be used to take some profits, would start at 9 k -...
Not a lot of talk here just describing what i see. For the last leg (3rd one) we need lots of buy volume on the 4hr. Current price lvl at 8.6k is looking like a solid support and this need to hold for the 3rd leg to happen. Currently watching if it will break or not and make a decision afterwards. Divergence in RSI - Stoch RSI provides the main argument for the...