BLOCKv Rally Review
On a 4hr time frame we can see a nice rally with correction moves, for next entry we need to wait for the next correction.
The recent moves are showing, whenever, RSI is getting exhausted and entering the overbought zone then pull back or price correction starts.
This time RSI once again extremely overbought and the resistance resistance is found at $0.03972 (nearly 4 cents).
I am expecting the next correction from here and if during the pull back price drops between $0.02538 to $0.02077 support levels, then it can be a very nice entry here.
The recent moves are showing, whenever, RSI is getting exhausted and entering the overbought zone then pull back or price correction starts.
This time RSI once again extremely overbought and the resistance resistance is found at $0.03972 (nearly 4 cents).
I am expecting the next correction from here and if during the pull back price drops between $0.02538 to $0.02077 support levels, then it can be a very nice entry here.
Transaction en cours
Broke out $0.03972 (nearly 4 cents) resistance and found a new resistance at $0.04562, and also getting rejected by an up trendline resistance, and RSI is still overbought.
Trade fermée: cible de profit atteinte
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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.
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.