Description
⋅ Price action (candles) need to stay above the clouds and the (green) Tenkan-sen needs to stay above the (red) Kijun-sen.
Confirm bounce with RSI.
Comment
⋅ Stronger resistance sitting at $200.
Comment
⋅ Bounce confirmed at $90 and got close to the weak resistance.
Comment
⋅ Analysis complete.
Comment
⋅ As long as price action stays above the cloud the price should stay bullish. Analysis complete.
Comment
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