Hello friends,
Today I have for you an update on the 12 hr time frame. What I see here is a MACD bullish divergence which tells me that a bullish move is about to breakout, either off the 100 ema or 200 ema. I expect this to happen when the Stoch RSI moves closer towards the oversold conditions, then I expect to see a bounce up towards respective targets.
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Today I have for you an update on the 12 hr time frame. What I see here is a MACD bullish divergence which tells me that a bullish move is about to breakout, either off the 100 ema or 200 ema. I expect this to happen when the Stoch RSI moves closer towards the oversold conditions, then I expect to see a bounce up towards respective targets.
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!