The one day time frame says that price is holding at a support level on the ichimoku cloud set up.
BULLISH SIGNAL CALLING.
TK bullsih crossing, lagging span (green line) currently breaking out of the cloud.Price is currently bouncing at the support level whichi is the senkou span B ( the flat line on the cloud).
Price hold and continue to bounce there for some time before a possible breakout will be achieved.
The BULLISH FLAG PATTERN
Always has a rectangular flag on its pole. Price has brokenout but didnt close outside the flag, just only the wick. A possible breakout will also be achieved when this breakout of the rectangular flag and closes outside of it.
Technicals suggest that, price is ranging at the tip of the the rectangular flag and also calling for a breakout. It is only adviced that buying of this coin will be only when price has brokenout and closed out the flag, then the targets at the fib extension will be met.
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.