darth_bitcoin

ENG Long, Volume Profile, Trends Analysis

darth_bitcoin 업데이트됨   
BITTREX:ENGBTC   Enigma / Bitcoin
Here I take a look at the ENG chart, using Volume Profile and drawing some trends. We may have already completed waves 1234 of an elliott cycle.

Strong volume at current price levels from previous days and the correction we just went through creating a higher low supports the potential break out that is forming. Let's see if we can go for a retest and possible break of our first resistance.

Enigma!

Happy trading!

***Always practice risk management, the future is unknown***
코멘트:
At the time of writing this, price was at 27500. Price already broke 28, towards the profile high (highest price in the volume profile).
We may retrace back to the point of control (price with the most volume) before a retest of higher resistance, or just break right through.
Either way, this seems a decent trade setup at the moment.
I would place my stop at 24500
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.