On D1, the price rose above the Ichimoku cloud, which is directed downwards. Also, earlier was found the support at the level of 61.8% by Fibonacci.
In general, the downward movement from August 21 to September 5 can be identified as a correction.
The upward impulse is well seen on H4, which may be the first impulse for the continuation of medium-term growth.
Apologies for a late post, our family is going through challenging times, my grandma was hospitalized in late August and its terminal. 2020 does suck and it is not even over.
Alright then, back to CRYPTO: We have to look at our AUGUST to see what is happening.
So is anyone actually surprised by this sudden sell off?
No, was it sudden - yes, which by the way is a good thing.
But if you look at the chart you would instantly see that we really just hit a previous Febuary High, before the Covid happened. Which is expected, and luckily it happened the way it did. A sudden droped triggered all kinds of...
Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-not just random lines on the chart
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
ok boys and girls
this is a fill in the blanks trading test
Monero has tested long term ____________ at $75.00
The MACD line has crossed the signal line to the ___ side
Monero is __________ !!!!!! (hint: opposite of bearish)
class is over for today
Hello, dear friends! 🧡
Continue my hashtag #rocketbombquickidea for you🔥🔥
If you like such format of my quick analyzes, support idea with like. I'll try to find more opportunities for making 💰
Always in touch with you🧡
Sincerely Your Rocket Bomb🚀💣
PS Many alts just give wonderful profits.🔥🔥🔥
Well, this is not a trading idea actually. I just want to present my new tool to the community.
This tool will help you to choose a type of moving average to create the most profitable trading system based on crossovers.
Click on the price scale, point to "Labels" and switch off "No Overlapping Labels" option to get a better view.
At D1, the cloud is directing downward, indicating a downtrend.
The price broke the uptrend line and divergence between the RSI and the price was formed.
At H4, the cloud is directed downward, which indicates a downtrend. In addition, the RSI has reached the oversold level, which indicates that the sharp decline will soon stop and the price correction will begin...
the daily chart of this market shows that it will experience a weak trend in the next few days but it is better to remain vigilant of the change in the direction of this market towards the opposite
please subscribe to receive new analyzes...