Hi guys,
This time the trade is with NANO on the BTC pair.
On the daily timeframe we got the price testing the top of the cloud.
On the 4H we got price and RSI printing a symetric triangle after the move up (volume accompanying the move).
The entry it's a bit lower, i think that we can see a last touch on the low side of the tryangle, with matches with 0.5 fib level, and the bottom of the cloud. Also, it could give us a retest on the RSI, already breaking up.
We don't got volume yet, so we need to watch for a breakout with it.
This time the trade is with NANO on the BTC pair.
On the daily timeframe we got the price testing the top of the cloud.
On the 4H we got price and RSI printing a symetric triangle after the move up (volume accompanying the move).
The entry it's a bit lower, i think that we can see a last touch on the low side of the tryangle, with matches with 0.5 fib level, and the bottom of the cloud. Also, it could give us a retest on the RSI, already breaking up.
We don't got volume yet, so we need to watch for a breakout with it.