Hi
Update here on the 4hr charts
As previous my 1hr chart is forming vertical triangle so I am slightly bearish inthe short term, on 4hr chart here, we can see there is Good indicator on the MACD But thhere is Death cross pattern formed on the SMA's....
For this reason please be careful your longs... could potentially breakout of the channel but first there needs be a breakout of ths 9 MA , out of channel above $2770 price point roughly..
With some strong MFI coming in the last 3 flows, it could be a potential bearish sign but this is just a warning to wait for right signal
* Disclaimer: This is not financial advice.Please do your own researching and decision making. Markets are extremely volatile at the moment.
Thanks
Marlene
Update here on the 4hr charts
As previous my 1hr chart is forming vertical triangle so I am slightly bearish inthe short term, on 4hr chart here, we can see there is Good indicator on the MACD But thhere is Death cross pattern formed on the SMA's....
For this reason please be careful your longs... could potentially breakout of the channel but first there needs be a breakout of ths 9 MA , out of channel above $2770 price point roughly..
With some strong MFI coming in the last 3 flows, it could be a potential bearish sign but this is just a warning to wait for right signal
* Disclaimer: This is not financial advice.Please do your own researching and decision making. Markets are extremely volatile at the moment.
Thanks
Marlene
Trade active:
Breakout and long place SL below the breakout.
Trade active:
Were currently stuck at the breakout price. There is a sell signal, with a bit of volume we can begin to short to retest point at 2050.