After my last analysis the price followed expected wedge breakout downway to up channel support line but this analysis is now invalid because price just made a bart formation like a lot times before. Now is price currently testing strong at 4000 $ and going to re test support at 3830 which is take profit for short order. From there I will open another long if the price hold above the drawn trend line.
Indicators showing bearish correction within next hours. RSI has retraced from heavy over bought area and MACD baselines going to cross bearish.
Good luck to all
Indicators showing bearish correction within next hours. RSI has retraced from heavy over bought area and MACD baselines going to cross bearish.
Good luck to all
Trade closed: stop reached:
target failed because of 20 $ difference in price. Trailing stop closed this trade automatically.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
