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Honestcowboy
Oct 19, 2021 11:42 AM

Small Double Bottom + bounce on 200 EMA. Long

Ether / BitcoinCoinbase

Description

We also have a bullish divergence which is not a textbook divergence but the difference between price and rsi increase is enough for me to open a trade in this situation.

Comment

We also have a big gap from Kijun-Sen and a C-clamp formation (distance of tenkan from kijun).
This is a possible sign of the market being out of equilibrium which results in a correction to the upside towards kijun-sen
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