In my TA I’ve used RSI, EMA 10-20 and EMA 50 indicators on the 1h chart (and 2h). I can see 2 descending triangles.
The price is currently touching the EMA 10 and bouncing on the EMA 50. RSI looking good .
I hope to see that it will move above the EMA 10 and bounce off the EMA 50, cuz then I expect to see it break the triangle and move up to our resistance line (1024 satoshi), if not it will go down to the support lines.
What do you think? Salamat po.
I'm a ROOKI in TA and still learning, please feel free to correct me or send feedback.
THIS IS JUST ME SHARING MY IDEA AND THIS IS NOT FINANCIAL ADVICE
The price is currently touching the EMA 10 and bouncing on the EMA 50. RSI looking good .
I hope to see that it will move above the EMA 10 and bounce off the EMA 50, cuz then I expect to see it break the triangle and move up to our resistance line (1024 satoshi), if not it will go down to the support lines.
What do you think? Salamat po.
I'm a ROOKI in TA and still learning, please feel free to correct me or send feedback.
THIS IS JUST ME SHARING MY IDEA AND THIS IS NOT FINANCIAL ADVICE