12/28/20 - 1d TF
Bullish with potential Target 1 hit.
1. Price actions seems to form a bullish channel
2. EMAs seems to hold and price action is currently just above 8ema.
3. Price action at bottom channel with more room to go up.
4. MACD looks good. Lines kissing, hopefully it will cross in 1-2 days while histogram shows downtrend is reversing.
5. Stochastics at overbought area.
Discalimer:
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis prractice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.
Bullish with potential Target 1 hit.
1. Price actions seems to form a bullish channel
2. EMAs seems to hold and price action is currently just above 8ema.
3. Price action at bottom channel with more room to go up.
4. MACD looks good. Lines kissing, hopefully it will cross in 1-2 days while histogram shows downtrend is reversing.
5. Stochastics at overbought area.
Discalimer:
My post in this channel should not be used as a replacement for investment advice from a qualified professional. All my post is for my own chart analysis prractice, informational and entrainment purposes only as I am not a registered investment advisor and do not offer investment advice. You, the reader, bear responsibility for your own investment and trade decisions and should seek the advice of a qualified securities professional before making any investment or trade.