Long
HMQ Cup&Handle pattern
Mis à jour
The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade.
Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear Power, Exponential Moving Average (10, 30, 200), Hull Moving Average (9)) show a further growth.
Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear Power, Exponential Moving Average (10, 30, 200), Hull Moving Average (9)) show a further growth.
Note
Double bottom which we mentioned in our analysis is forming. From the strong support around 0.0000255 will be rebound till the upper edge and the price will reach our targets
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter:
skyrexio.com
🔥 Win share of 20,000 USDT in Skyrexio x Bybit competition
bit.ly/skyrexiobybit
Trade smarter:
skyrexio.com
🔥 Win share of 20,000 USDT in Skyrexio x Bybit competition
bit.ly/skyrexiobybit
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.