want to see dash close above 122 on the daily; however, ichimoku may provide resistance for a fakeout.
bear : if it breaks through top of the ichimoku, the bottom may provide support along with the resistance that already exists at ~113.
bull : if it can break the wedge then it will go to 130 then down for a retest of support on top of the wedge.
keep in mind: the volume on 1/15 far exceeded the volume seen in the 2017/2018 pump. may be a good indicator of a continuation IF we see continuous strong volume
overall bullish in a bullish market.
not financial advice.
stay safe.
bear : if it breaks through top of the ichimoku, the bottom may provide support along with the resistance that already exists at ~113.
bull : if it can break the wedge then it will go to 130 then down for a retest of support on top of the wedge.
keep in mind: the volume on 1/15 far exceeded the volume seen in the 2017/2018 pump. may be a good indicator of a continuation IF we see continuous strong volume
overall bullish in a bullish market.
not financial advice.
stay safe.
the ichimoku i refer to is the ichimoku on the 4hr chart.