Yet another BULLISH 1 2 3 4 count to the upside. Despite the market correction to test $11635 the price is still looking bullish. The dominance is still hitting up getting close to 70%.
From the previous analysis posted 1st of August 2019.
Using the ichimoku cloud settings, the future cloud
Two levels which are very important are the RESISTANCE(2) and SUPPORT(3) level. Price needs to close above the resistance(2) before the target at 4 will be achieved the extension ratio.
Near target to look out for are as follows: $12356.5 up to $13030.7.
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial advisor.
From the previous analysis posted 1st of August 2019.
Two levels which are very important are the RESISTANCE(2) and SUPPORT(3) level. Price needs to close above the resistance(2) before the target at 4 will be achieved the extension ratio.
Near target to look out for are as follows: $12356.5 up to $13030.7.
Risk Disclaimer:
Trading cryptocurrency on margin carries a high level of risk(volatile), and may not be suitable for all trades who are yet to understand how to use STOP LOSS. The high degree of leverage can work against you as well as for you.
It is your responsibility to confirm if you want to take this trade or not. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations.
If you do not fully understand these risks you must seek independent advice from your financial advisor.