=======
Volume
=======
- Increasing
==========
Price Action
==========
- Latest downtrend line broken
- Supported above $125
=================
Technical Indicators
=================
- Ichimoku
>>> price at the edge of cloud
>>> Green kumo budding
>>> Tenken [Conv] - Below clouds & Lagging & pointing up
>>> Chiku [Lagging] - Below clouds & pointing down
>>> Kijun [Base] - slightly above clouds & above Conv + Lagging, pointing up
=========
Oscillators
=========
- MACD turning bullish and crossed
- DMI turning bullish
- StochRSI, bullish, approaching oversold
=========
Conclusion
=========
- Ichimoku overall >>> Bullish
- Oscillators overall >>> Bullish
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $137
Entry 2 - $132
Stop - $125
Exit 1 - $144
Exit 2 - $153
Exit 3 - $160
Exit 3 - $174
Volume
=======
- Increasing
==========
Price Action
==========
- Latest downtrend line broken
- Supported above $125
=================
Technical Indicators
=================
- Ichimoku
>>> price at the edge of cloud
>>> Green kumo budding
>>> Tenken [Conv] - Below clouds & Lagging & pointing up
>>> Chiku [Lagging] - Below clouds & pointing down
>>> Kijun [Base] - slightly above clouds & above Conv + Lagging, pointing up
=========
Oscillators
=========
- MACD turning bullish and crossed
- DMI turning bullish
- StochRSI, bullish, approaching oversold
=========
Conclusion
=========
- Ichimoku overall >>> Bullish
- Oscillators overall >>> Bullish
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $137
Entry 2 - $132
Stop - $125
Exit 1 - $144
Exit 2 - $153
Exit 3 - $160
Exit 3 - $174
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.
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.
