Firstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line).
Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish trend buy or do nothing. If you see stron bearish market - sell or do nothing).
TRIG Token - there were some rumors about cooperation with NASA but its hard to say how true they can be. Personally its a little bit suspicious because of chart. Strong up trend after breaking resistance level at 1 USD per token, 50% movement in less than 24 hours and rapid correction. Anyway price reach Kijun Support Line and bounce from it, creating Pin Bar candle with long tail and short body. This is obvious buy signal and we can see how stron Bulls where on this level. A little bit lower we can see psychological support on 1,000. It is also technical support because price reacted on it few times before.
Leaving speculactions there are no doubts than we have strong bullish trend, very technical correction of it and buy signal from Ichimoku, Price Action (Pin Bar) and classic Support/Resistance strategie. Thats why Im buying.
Good analysis. Let's see what will happen after the meeting with the NASA team...
Sodium24
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Thanks for the analysis
No NASA announcement, just a comment that the meeting/conference went well and there would be further announcements today (30th) and tomorrow (1 December).