Long
MCO/BTC BTRX
It seems that it is starting a new market cycle.
1h and 6h Stoch RSI looks good
12h and 1d Stoch RSI seems to reverse
Currently building support and trying to break 1h, 12h and 1d Ichimoku Cloud.
MACD looks good and on 6h it seems to reverse.
Heikin Ashi looks good for multiple timeframes except 12h
1h and 6h Stoch RSI looks good
12h and 1d Stoch RSI seems to reverse
Currently building support and trying to break 1h, 12h and 1d Ichimoku Cloud.
MACD looks good and on 6h it seems to reverse.
Heikin Ashi looks good for multiple timeframes except 12h
Note
This is a possible wave count.Note
Note
This is currently trading under the daily cloud.If it will have enough power, it will try to break the cloud but if not, it may wait to pass the cloud then make a jump.
It may take more than 30 days to touch any targets.
Note
On lower timeframes, it looks that it's loosing momentum. Will set a stop loss above breakeven.Trade closed: stop reached
Got stopped at breakeven a while ago
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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.
Related publications
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.