BICO/USDT : Bullish presignal from RSI & EMA
We are focus on the fact the market already shaped 5 wave Elliot down calling for a recovery in common part - this scenario is reinforced with the RSI indicators reintegrating positive area above 50% + EMA acting as support now
Key element to watch =>
- 1,75 as confirmation level to bypassed to triggered a clear bullish signal and invalidate any downside risk opening 2,15 short-term before 4,30 long-term
- 1,15 is the key support to watch to buy any dips to play this scenario
Confidence is high to see a laarger recovery
Enjoy
We are focus on the fact the market already shaped 5 wave Elliot down calling for a recovery in common part - this scenario is reinforced with the RSI indicators reintegrating positive area above 50% + EMA acting as support now
Key element to watch =>
- 1,75 as confirmation level to bypassed to triggered a clear bullish signal and invalidate any downside risk opening 2,15 short-term before 4,30 long-term
- 1,15 is the key support to watch to buy any dips to play this scenario
Confidence is high to see a laarger recovery
Enjoy
Trade active
Key support adjusted at 1,27Trade closed: stop reached
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.