H4
The price is trading below the Ichimoku cloud, indicating a possible end to the upward movement of correlation. RSI has reached oversold levels. Also, between the price and the RSI, convergence was formed. Fibonacci level of 61.8% was tested.
Conclusion:
We recommend buying at the current price, as many indicators indicate completion of correction on H4.
H1
The price is trading in the Ichimoku cloud and above the Fibonacci level of 23.6%. RSI is in an undefined state.
Conclusion:
We recommend buying when the RSI reaches the oversold level, as well as from the Fibonacci level of 38.2%.
Good luck!
The price is trading below the Ichimoku cloud, indicating a possible end to the upward movement of correlation. RSI has reached oversold levels. Also, between the price and the RSI, convergence was formed. Fibonacci level of 61.8% was tested.
Conclusion:
We recommend buying at the current price, as many indicators indicate completion of correction on H4.
H1
The price is trading in the Ichimoku cloud and above the Fibonacci level of 23.6%. RSI is in an undefined state.
Conclusion:
We recommend buying when the RSI reaches the oversold level, as well as from the Fibonacci level of 38.2%.
Good luck!
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Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.