In previous analysis i described how price hit with an ATH
And I drew three phases called Action Reaction and Resolution
price now in resolution phase and being sent to the new ATH
SIGNALS
Crossover strategy,intersection moving averages MA50 (Red line)> EMA20 (Green line)> MA10 (Dark blue line)
This combination leads to bullish action.
In 7th October confirmed a higher low ($2.0649)
Andrew's Pitchfork "Hagopian" signal as you can see price was able to broken trigger line (Yellow line)
161.8 and 261.8 fibo extension levels can be considered as a take profit .
INDICATORS
MACD crossed up from zero line and rise while gaining momentum
RSI with 71 is really strong and bullish
GOOD LUCK
Glad to see your comments
And I drew three phases called Action Reaction and Resolution
SIGNALS
Crossover strategy,intersection moving averages MA50 (Red line)> EMA20 (Green line)> MA10 (Dark blue line)
This combination leads to bullish action.
In 7th October confirmed a higher low ($2.0649)
Andrew's Pitchfork "Hagopian" signal as you can see price was able to broken trigger line (Yellow line)
161.8 and 261.8 fibo extension levels can be considered as a take profit .
INDICATORS
MACD crossed up from zero line and rise while gaining momentum
RSI with 71 is really strong and bullish
GOOD LUCK
Glad to see your comments
Comment:
And more than 80% profit ....
