Important overvations on 4 hour chart:
* Bullish bat pattern has formed;
* MACD histogram line turning up;
* Fib retrace for the last leg CD shows at about 9.6k;
* Volume start picking up.
On 15- minutes chart:
* Price already establish up trend;
* Impressive higher lows on MACD Histogram lines.
* Bullish bat pattern has formed;
* MACD histogram line turning up;
* Fib retrace for the last leg CD shows at about 9.6k;
* Volume start picking up.
On 15- minutes chart:
* Price already establish up trend;
* Impressive higher lows on MACD Histogram lines.
Comment:
Strong resistance around 9.2k an 9.4k.
Comment:
One-hour-time-frame-trend-line: Higher highs and higher lows.
Comment:
Hammer candle stick pattern on daily chart.