Sonny
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Sonny
Full time trader and investor specializing in Elliot Wave Theory, market psychology and macro cycles.
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ETHBTC retesting the breakout on the 4H and also retesting the Kumo cloud which has twisted green
Looking good this morning if ETHBTC can stick the landing!
Under the Ichimoku system, it's still not a technical buy signal as we need the Chikou Span (green line) to move above the price action and the kump cloud. However all the other criteria have been fulfilled with a katana bull cross and kumo cloud green
Guys i think this is the bottom for risk across the board. Looks like a classic case of the shakeout before the breakout.
The breakout from here is going to be huge!
Have a great weekend everyone and we will get after it next week!