GNT dropped to ~3700Sat and bounced off.
Overall more bullish than bearish signals.
A strong signal would be the bullish closing of the current 4h candle and MACD crossed.
Next support at ~3000Sat.
Stop loss below 3600Sat.
- MACD seems to cross, indicating a change in movement direction (+)
- RSI is pointing upwards, coming from oversold region (+)
- Increased volume compared to last dip (bullish divergence?) (+)
- Cloud is still bearish but flattened, conversion line below base line (-)
Overall more bullish than bearish signals.
A strong signal would be the bullish closing of the current 4h candle and MACD crossed.
Next support at ~3000Sat.
Stop loss below 3600Sat.
Comment:
Reaching top of trend channel, place stop loss in case market will not cross through. ~20% Profit.
Comment:
Broke out at 2nd. try!