Pattern: Channel Up on 4H.
Signal: Buy as the price broke again below the 4H MA50, which has been a buy signal since November 19. Also the RSI is near its 3 month Support Zone. Potential bottom on the 4H MA200, so use two buy positions.
Target: 3910 (the 1.618 Fibonacci extension assuming 3795 was the bottom. If the bottom is closer to the 4H MA200, the Fib extension will be around 3935).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> michaelzerna
--------------------------------------------------------------------------------------------------------
Signal: Buy as the price broke again below the 4H MA50, which has been a buy signal since November 19. Also the RSI is near its 3 month Support Zone. Potential bottom on the 4H MA200, so use two buy positions.
Target: 3910 (the 1.618 Fibonacci extension assuming 3795 was the bottom. If the bottom is closer to the 4H MA200, the Fib extension will be around 3935).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> michaelzerna
--------------------------------------------------------------------------------------------------------
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.