In 4H timeframe
1. If we bounced from first support then I'm seeing a price from 109-117.
2. If we support breaks we're down to major support which will also hit the 20smma(yellow) and the 0.618 of fib)
3. MACD still bullish but we might see a crossover soon, a tip on MACD that I've noticed.
In 1hr timeframe
1. RSI still bullish, if we see a bounce from 0.382 or 0.5 of fib then our target could be valid or atleast test the new ath. Fib 0.5 is a good support it could bounce there.
2. If the RSI goes below the level 50 of RSI then we could see a move downside.
3. MACD bearish crossover, but we're still above the histogram levels which make me thing that we are still bullish, based on my previous analysis).
4. For now in 1hr it will go sideways, it's not best time to trade it yet, always trade with confirmations. But if you're an investor, you can take partial profit now so you can secure some.
1. If we bounced from first support then I'm seeing a price from 109-117.
2. If we support breaks we're down to major support which will also hit the 20smma(yellow) and the 0.618 of fib)
3. MACD still bullish but we might see a crossover soon, a tip on MACD that I've noticed.
In 1hr timeframe
1. RSI still bullish, if we see a bounce from 0.382 or 0.5 of fib then our target could be valid or atleast test the new ath. Fib 0.5 is a good support it could bounce there.
2. If the RSI goes below the level 50 of RSI then we could see a move downside.
3. MACD bearish crossover, but we're still above the histogram levels which make me thing that we are still bullish, based on my previous analysis).
4. For now in 1hr it will go sideways, it's not best time to trade it yet, always trade with confirmations. But if you're an investor, you can take partial profit now so you can secure some.