zoltasaur
Giá lên

Clear cup and handle forming/resistance and support levels

BINANCE:SUBBTC   Substratum / Bitcoin
TLDR:
Support: ~6400 and ~6000
Resistance: 7200 and 7500
Target:
1) 7500
2) ~10000

Cloud signals: Currently we are testing the support line of ~6400 sats             . This is indicated by the Chikou Span (yellow) and previous price action. If we do not hold here, we are likely to retest the ~6000 level of support. This support is given by the Chikou span, the Kijun Sen (brown) as well as previous price action. Not shown, but TK             cross on the daily xD            

RSI signals:We had a bear divergence (yellow circle, RSI: lower highs, Price: making higher highs), which lead us to where we are now. If we cross the 50 level it is likely to test the next level of support ( ~6000). I will wait to see if we find support around the 40 (previous support) I will add to my position.

Disclaimer: overall I am bullish on the short term and long term with SUB. I plan on The news recently with the net neutrality coming into effect will be some good publicity for them and prove that there is a real use case for them if they can deliver. I heard rumors they will be featured on a major news network as well in the coming weeks, if anyone can confirm please link below. I could only find a Reddit user posting about it.

I am new to TA and looking to improve so please leave any comments or questions below.

Happy trading!

Bình luận: I am opening a short position at ~7500, after hitting our first target. There is a regular bear div (price making higher highs, RSI making lower lows). My target is ~6800 based on the Chikou, fractal levels and previous price action.
Bình luận: S/L ~7600. This a very key level. There is a massive daily cloud which begins at ~7600. If we breach this level we may see an edge to edge trade.
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp Website & Môi giới Widgets Thư viện biểu đồ chứng khoán Yêu cầu tính năng Blog & Tin tức Hỏi đáp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã Xuất bản Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất