hanzhao311

hanzhao311

Looks like this might just be the short term kick back top..will see

hanzhao311

Both 1 hour and 2 hour stochastic show bearish divergence, with overarching 200 Hull EMA being resistance on the 3 and 4 hour charts. So the short term trend is a little bit tilted toward south. Ichimoku Kijun line is showing some support, however. Pitchfork bottom line has been the resistance as well.

hanzhao311

Just 1 possible scenario to come, with upcoming Ichimoku cloud upper band as well as Hull 200 EMA as resistance..let's see how it will actually unfold.

hanzhao311

Both RSI and STOC is showing divergence with price movement which could signify a trend continuation..couple with a very large triangle pattern, which if pans out favorably, could possibly mean a upward breakout in the making. Only a higher possibility here with absolutely no certainty. Wait for the confirmation patiently now..

hanzhao311 Updated 

Looks like the uptrend may continue from here..