Hi all, Crypto Sludge here.
So, as we saw we didn't get a full bull run confirmation and broke the short term downtrend. We are however keeping above the downtrend line and TD sequential , ichi cloud and StochRSI signals that we are ready for a short term price reversal
On the 4h chart, we are about to get a TD 9 Buy signal, StochRSI is in the oversold area so i expect a bounce of the ichi cloud @ 11126$ as the entry point, with 10758$ as the stop loss (TD make trend and the downtrend line) and possible retest of the 12200 TD risk line (1st target).
This is yet again a risky trade, so not for the weak of heart :)
Let me know what you think.
Trade ON!
Crypto Sludge
