Long
Trading idea for KORE/BTC LONG - Current price 0.000509
We'll look for secure entry using Ichimoku cloud.
1) We observe that there has already been a change of trend in the 1 hour time frame, indicated by the cloud (Kumo).
2) As a buy signal, the ideal would be to expect a crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force.
3) Signal confirmation would be given when Chikou (orange line) is positioned above the cloud (Kumo).
5) The RSI should be above 50. Indicating a bullish market.
6) We can use ADX & DI to reinforce our signal. DI+ (green line) should be above 20 and in upward trend and DI- (red line) below 20.
I'll be updating when the market develops.
1) We observe that there has already been a change of trend in the 1 hour time frame, indicated by the cloud (Kumo).
2) As a buy signal, the ideal would be to expect a crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force.
3) Signal confirmation would be given when Chikou (orange line) is positioned above the cloud (Kumo).
5) The RSI should be above 50. Indicating a bullish market.
6) We can use ADX & DI to reinforce our signal. DI+ (green line) should be above 20 and in upward trend and DI- (red line) below 20.
I'll be updating when the market develops.
Note
Even with the strong pressure of a rising BTC, this signal is developing. Slow, but developing. We need to monitor this pair for the next few hours.Order cancelled
Change on the "sentiment" of the market.Note
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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.