We are getting some signals to the bullish side, but we need to stay open for any scenario.
Buy Scenario
Signals
1. MA100 and MA36 are crossing and on the up trend side.
2. There is a very aggressive candle spike from MA36 at 24k level.
3. The triangle pattern formed with a resistance side around 25k level. This indicates an accumulation of sell orders at that level, that if they fail, the price might go to the next target 27.500USD.
Sell Scenario
There are no signals to indicate sell, but if the price will drop aggressively and close candle under 24k, that we must change our bias and consider selling scenario at the given moment.
Don't Stumble Trading! Trade Safe!
Buy Scenario
Signals
1. MA100 and MA36 are crossing and on the up trend side.
2. There is a very aggressive candle spike from MA36 at 24k level.
3. The triangle pattern formed with a resistance side around 25k level. This indicates an accumulation of sell orders at that level, that if they fail, the price might go to the next target 27.500USD.
Sell Scenario
There are no signals to indicate sell, but if the price will drop aggressively and close candle under 24k, that we must change our bias and consider selling scenario at the given moment.
Don't Stumble Trading! Trade Safe!
Trade closed: target reached
