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on DAILY: ZOOM is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes.
on H4: ZOOM is forming a trendline in red but it is not valid yet, so we will be waiting for the third swing to complete around it consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy.
and until the buy is activated, this one would be overall bearish and can still dive a little below the brown trendline. or till the green demand zone.
Good luck!
on DAILY: ZOOM is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes.
on H4: ZOOM is forming a trendline in red but it is not valid yet, so we will be waiting for the third swing to complete around it consider it our trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to buy.
and until the buy is activated, this one would be overall bearish and can still dive a little below the brown trendline. or till the green demand zone.
Good luck!
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT