Hello Traders!
WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start some consolidation/range market for now. If not we have to wait for Kumo bounce or breakout as confimation of downtrend movement.
Levels to look for:
* 0.0001123
** 0.0001065
Ichimoku signals:
BUY: None
SELL: Wait for confirmation from Kijun - if it will fail as support or for TK cross
***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***
BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE
Roger out.
WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start some consolidation/range market for now. If not we have to wait for Kumo bounce or breakout as confimation of downtrend movement.
Levels to look for:
* 0.0001123
** 0.0001065
Ichimoku signals:
BUY: None
SELL: Wait for confirmation from Kijun - if it will fail as support or for TK cross
***IF YOU WANT TO SEE MORE ANALYZES LIKE THIS FROM ME RETHINK A SMALL TIP***
BTC ADRESS: 18UkQdq8hNKyxrpDfexU26cQs3DSFzm2bE
Roger out.