I think there's a lot of confluence here. It's consolidating a bit longer but can really pop any hour now. Against ETH it's looking great for upside.
What I'm seeing:
-Ichimoku cloud twist on multiple time frames and lagging span is well above previous prices
-Safe signals to buy from the T D Sequential on larger time frames
-Bollinger bands beginning to squeeze
-Bullish flag has appeared, may become a cup and handle in the future.
- 4H time frame shows it's developing support around the .0618 fib level
What I'm seeing:
-Ichimoku cloud twist on multiple time frames and lagging span is well above previous prices
-Safe signals to buy from the T D Sequential on larger time frames
-Bollinger bands beginning to squeeze
-Bullish flag has appeared, may become a cup and handle in the future.
- 4H time frame shows it's developing support around the .0618 fib level
Trade active
I see a bull flag/ pennant. Other traders please weigh in for confirmation of the terminology.Trade closed: target reached
Late but yeah definitely reached the target :D
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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.