Long
#beancash / #bitbean price about to breakout? (2nd idea update)

Main idea: 
At the latest attempt to breakout, it looks like the markets didn't manage to have the momentum it needed and so, it naturally pulled back down to support reload zones as well finding support on fib speed fan levels. When I look at this formation I can see this moving up again soon to make the the 3rd breakout attempt...

At the latest attempt to breakout, it looks like the markets didn't manage to have the momentum it needed and so, it naturally pulled back down to support reload zones as well finding support on fib speed fan levels. When I look at this formation I can see this moving up again soon to make the the 3rd breakout attempt...
Note
Update with bitb/usd and bitb/btc hourly charts. Looking at both ichimoku clouds we can see that all checkpoints we want to see in this indicator are saying "Bullish Trend":
- Price above cloud
- TK Cross to bullish
- KumoTwist to bullish (green cloud)
- Lagging Span above cloud & price
Looking good ;)
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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.