Kijun is acting as the resistance as the support is steadily rising after an uptrend. Looking to go long on a break of the Kijun with some volume.
Length of flagpole to the Kijun (which is acting as support and is the close of the candles where the uptrend stopped) is the yellow bar. This target zone coincides perfectly with the top of the cloud and also the top of the March 26th wick which was the speculation wick where people were hoping for ZRX to be added to Coinbase.
Not Financial Advice. DYOR.
Length of flagpole to the Kijun (which is acting as support and is the close of the candles where the uptrend stopped) is the yellow bar. This target zone coincides perfectly with the top of the cloud and also the top of the March 26th wick which was the speculation wick where people were hoping for ZRX to be added to Coinbase.
Not Financial Advice. DYOR.
Comment:
And...boom! Perfectly played.