Pattern: Channel Up on 1D.
Signal: Buy as the price hit the 1D MA50 (blue trend-line) and the zone within the 1D MA50 and the 4H MA400 (yellow trend-line) has been a buy opportunity within the Channel Up. Also the previous -5% pull-backs have been buy opportunities, both of which made a bottom within that zone. In addition, the RSI bounced on its Support Zone.
Target: 35800 (every such pull-back has rallied +8% to the 1.5 Fibonacci extension).
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Signal: Buy as the price hit the 1D MA50 (blue trend-line) and the zone within the 1D MA50 and the 4H MA400 (yellow trend-line) has been a buy opportunity within the Channel Up. Also the previous -5% pull-backs have been buy opportunities, both of which made a bottom within that zone. In addition, the RSI bounced on its Support Zone.
Target: 35800 (every such pull-back has rallied +8% to the 1.5 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
π π Shout-out to TradingShot's π° top TradingView Coin donor π° this week ==> xBTala
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π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!