Description
⋅ We had almost 100% retracement from the old market cycle.
If we head to a new all time high, we can go way beyound last target price
Weekly Stoch RSI looks good and MACD seems to reverse
3d Stoch RSI looks that it has power, MACD reversed, Heikin Ashi has more than 3 green candles
1d+12h MACD and Stoch RSI looks good, currently trading in Ichimoku cloud.
6h,4h looks nice
1h, 3h seems to be in reversal, so we may touch 6h Ichimoku cloud
It also broke the descending trend but may retest the body of the triangle again
Comment
⋅ Stoch RSI reversed on 2h timeframe.
Is trading in uptrend channel
May still test the bottom of the 12h clouds which is the same as the bottom of the uptrend channel. Comment
⋅ We've touched first target a while ago and we're back again in the first buy area
Comment
⋅ Reason sent in channel.