An upward impulse formed on D1, which tested the $ 8 level. RSI, like price, forms a triangle-shaped pattern.
On H4, the boundaries of the triangle pattern are clearly visible and the price is likely to break through the upper border, which can lead to a rise in the price to the $ 10 level.
We recommend buying in order to keep the position above $ 10 and set a...
At D1, the price broke the downtrend line and also found resistance at $ 8. Besides, the RSI reached the overbought level, after which a local correction began.
On H4, the price has also broken through the uptrend line and is currently correcting upward. RSI is at the overbought level, indicating that the decline will start soon.
We recommend selling BAND from...