Pattern: Fibonacci Channel on 1D.
Signal: Buy short-term on the 1D MA20 (light blue trend-line) which has been a confirmed buy level since April 23. Buy long-term within the 1D MA50 (dark blue trend-line) and the 4H MA400 (yellow trend-line) which has been a confirmed buy zone since January 03. 1D RSI on Support (Double Bottom).
Target: 400.000 (below the 2.5 Fibonacci extension assuming 78.000 was the bottom). It is also below the 5.5 Fib ext of the Channel.
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Signal: Buy short-term on the 1D MA20 (light blue trend-line) which has been a confirmed buy level since April 23. Buy long-term within the 1D MA50 (dark blue trend-line) and the 4H MA400 (yellow trend-line) which has been a confirmed buy zone since January 03. 1D RSI on Support (Double Bottom).
Target: 400.000 (below the 2.5 Fibonacci extension assuming 78.000 was the bottom). It is also below the 5.5 Fib ext of the Channel.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala
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💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!