VELOUSDT, Breaking Market Structure?

已更新

Waiting for the Weekly to break up the market structure. It could trigger fireworks.

Good signs from MAs, Impulses and RSI. Let´s see.

交易進行

We are looking at an ADAN & EVE. With 2 possible targets.

If succed on the break out, and we trigger the blow-off top, we could see the first target achieve on December 24´.

Look at RSI, we are obviously in a Bull MKT.
ibb.co/qgPpWdx

註釋

Hey guys!

I have GOOD NEWS! and BAD NEWS!:
ibb.co/Hqrr5w3

But on the fundamental side, China´s push will help this one a lot!

On the tecnical side we have until friday to assure the good or the bad news. If we confirm support, game on!. RSI bearish divergence is bad, but not that much.

Let´s see.
VELO

註釋

So the BAD NEWS were stronger, and the Bear Divergence wins. I´m not quitting this trade though until the trendline is broken, but we should take care from here.

Any re-test on the trendline, is a BUY. But we need confirmation.