The cold war period of consolidation has started. Prepare for up to a week of consolidation, look for low entry points. Enter with 5% and buy-back or add to position upon bullish confirmation 5%. Fundamentals: hfcountdown.emc2.foundation
Potential buy opportunity for EMC2/BTC as it returns to its original trend channel. Keep an eye out for this movement, and we should see nice gains if EMC2 can establish a change in trend. Could also see a nice triangle bull pattern. Happy Trading!
Firstly short definition of Ichimoku. This is perfect strategie for strong trending markets as Crypto markets. Its Trend Follower and buy signals are after breakout of the cloud (Kumo) or bounce of Kumo or Kijun (slower Ichimoku line). Stop Loss i below last low (Im not opening any shorts on such stron bullish market - golden rule is - when you see stron bullish...
EMC2,has developed a rising triangle with bullish bias shown on indicators/oscillators. Wait for a solid break of the pattern before entering the trade. At the moment the bullish momentum has stabilized and primed for a big move. If broken downwards we have weak support at 0.00001419 and a stronger support at 0.00001163 Trade Safe.
Now price is near "zone of influence" which consist of S-support + 0.786 F lvl + Demand zone Here price will solve further action: - 1st opton: will see reversal formation from ZOI - 2nd option: break out of S and further falling