want to see dash close above 122 on the daily; however, ichimoku may provide resistance for a fakeout.
bear : if it breaks through top of the ichimoku, the bottom may provide support along with the resistance that already exists at ~113.
bull : if it can break the wedge then it will go to 130 then down for a retest of support on top of the wedge.
keep in mind: the volume on 1/15 far exceeded the volume seen in the 2017/2018 pump. may be a good indicator of a continuation IF we see continuous strong volume
overall bullish in a bullish market.
not financial advice.
stay safe.
bear : if it breaks through top of the ichimoku, the bottom may provide support along with the resistance that already exists at ~113.
bull : if it can break the wedge then it will go to 130 then down for a retest of support on top of the wedge.
keep in mind: the volume on 1/15 far exceeded the volume seen in the 2017/2018 pump. may be a good indicator of a continuation IF we see continuous strong volume
overall bullish in a bullish market.
not financial advice.
stay safe.
Note
just realized the chart i uploaded is the 1day.the ichimoku i refer to is the ichimoku on the 4hr chart.
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Related publications
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.