Long
BRK in uptrend
BRK has been under the radar for quite a long time. However, if we look on 1W chart we can see that it is in uptrend, Stochastic rounding up and MACD needs a little push to enter bullish zone. Also, notice huge volume spikes.
1D chart. Stochastic bounced from oversold zone and heading up, MACD is in bullish zone, MA's on MACD are about to cross which will confirm bullish movement. 6k is resistance.
4H chart. Price bounced from 0.768 fibo which might imply that this was wave 1 of Elliot cycle. In this case, Wave 3 might reach 6k or 7400 in extremely bullish case.
Finally and most important - news. There are rumors about coin burning which might be a serious catalyst. Also, the devs came out with a great news which you can find on their twitter - twitter.com/BreakoutCoin/status/915637729240662016
1D chart. Stochastic bounced from oversold zone and heading up, MACD is in bullish zone, MA's on MACD are about to cross which will confirm bullish movement. 6k is resistance.
4H chart. Price bounced from 0.768 fibo which might imply that this was wave 1 of Elliot cycle. In this case, Wave 3 might reach 6k or 7400 in extremely bullish case.
Finally and most important - news. There are rumors about coin burning which might be a serious catalyst. Also, the devs came out with a great news which you can find on their twitter - twitter.com/BreakoutCoin/status/915637729240662016
Trade fermée manuellement
Broke uptrend
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.