A price action Fractal reveals itself on the above 1-day chart (circled in orange), and is not just isolated to price action, the position of the oscillator values of RSI & Stochastic RSI are also matched.
Notwithstanding the Fractal, price action is forming an ascending triangle pattern with support on the 21-day EMA.
The only way this set up could become more bullish is if there was a bright neon sign flashing ‘buy me’ ;)
Notwithstanding the Fractal, price action is forming an ascending triangle pattern with support on the 21-day EMA.
The only way this set up could become more bullish is if there was a bright neon sign flashing ‘buy me’ ;)
Trade active
4-day candle body closes on the 21-week moving average (yellow line).Trade active
A significant move is approaching ..
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.