Price action and chart pattern trading:
> The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern
> The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200
> Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone.
> RSI bullish above 50 and MA line, MACD above base and signal line
> Watch out for dump & pump move
Always trade with affordable risk and respect your stoploss, nothing is 100%!
> The leading diagonal wave with a possible bullish explosive move +50% based on CUP & HANDLE pattern
> The current ENTRY ZONE is considered a strong support at the channel with SMA 20 / 50 golden cross SMA200
> Target CUP & Handle @ 1.618 Fibonacci extension from A diagonal uptrend wave $7.000++ zone.
> RSI bullish above 50 and MA line, MACD above base and signal line
> Watch out for dump & pump move
Always trade with affordable risk and respect your stoploss, nothing is 100%!
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.
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.