Bears are weakening! Prepare Your Fund!
Weekly Time-frame
New Candle for the week, seems bearish for the Awesome Oscillator Red Volume Bearish Saucer. Where we place the next long position was the exact Bouncing Area. If this holds it will continue to the Upside. Relative Strength Index ( RSI ) is about to be Bullish . Bouncing Area of $37,726 & $37,550. Rejection area of $38,435.
1D Time-frame
We need to close above $38,335 to hold the bullish trend of higher low. Today is still in extreme fear so we can expect a pump of $3-6k pump to the upside. Monday can Pump or Dump, or consolidate. To wait for the exit area of March 14 in the Ichimoku Cloud . Bouncing area of $37,726 where you can open long position. Rejection Area of $39,418, you can open short position.
4H Time-frame
4H Time-frame bottom is in!!! Entry at $37,726. Awesome Oscillator printed green volume , and made a bullish twin peaks. We can expect more to the upside if this continues to print green volume .
1H Time-frame
1H Time-frame bottom is confirmed both in H1 and H4. Twin Peaks bullish . Divergence trade incoming. Open long position.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
