=======
Volume
=======
-slight increase
==========
Price Action
==========
- ascending triangle noticed
- Engulfing bullish candle
- broken out of 1.5 years downtrend line and supported on the same trendline
=================
Technical Indicators
=================
- Ichimoku
>>> price above cloud
>>> Green kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - above clouds
>>> Kijun [Base] - Above clouds and moving away
=========
Oscillators
=========
- MACD turning bullish
- DMI turning bullish
- StochRSI, bullish and sloping up
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback.
Volume
=======
-slight increase
==========
Price Action
==========
- ascending triangle noticed
- Engulfing bullish candle
- broken out of 1.5 years downtrend line and supported on the same trendline
=================
Technical Indicators
=================
- Ichimoku
>>> price above cloud
>>> Green kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - above clouds
>>> Kijun [Base] - Above clouds and moving away
=========
Oscillators
=========
- MACD turning bullish
- DMI turning bullish
- StochRSI, bullish and sloping up
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback.
Trade closed: target reached
TP 2 reached
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.