4H Analysis: Binance - The pullback might be complete (high risk
Based on a DeMark bullish M, W, D charts, my 4H SMA 3/12 hypothesis (not yet proven = high risk),
and long analysis of 1m, 5m, 15m, and 1h charts I believe that the market is exceptionally bullish
and that the pullback is complete.
Be careful.
1H support on SMA 50:
4H SMA 3/12 Dead Cross! There are 2h left on the 4H chart and I believe that this Dead Cross will not
materialize (HIGH RISK!)
5m Hammer draws horizontal support at Phi EMA 610, price falls to higher low DeMark Perfected Buy signal
and forms a Morning Star, and higher low DeMark S13 buy signal all lead to Nison SMA 9/20/50 Golden Crosses.
This shows as the first pullback into a Nison PB&J sweet spot with a Piercing Pattern bullish reversal signal.
Stochastics support higher movement.
and long analysis of 1m, 5m, 15m, and 1h charts I believe that the market is exceptionally bullish
and that the pullback is complete.
Be careful.
1H support on SMA 50:
4H SMA 3/12 Dead Cross! There are 2h left on the 4H chart and I believe that this Dead Cross will not
materialize (HIGH RISK!)
5m Hammer draws horizontal support at Phi EMA 610, price falls to higher low DeMark Perfected Buy signal
and forms a Morning Star, and higher low DeMark S13 buy signal all lead to Nison SMA 9/20/50 Golden Crosses.
This shows as the first pullback into a Nison PB&J sweet spot with a Piercing Pattern bullish reversal signal.
Stochastics support higher movement.
Comment:
Ultimate Target is Pivots R3 at 0.0038750
