Price is attempting a reversal via a double bottom.
The key resistance at the moment is the prior low zone at $1.70–1.90.
RSI is also capped near the 50 level, preventing a move into bullish territory.
On the weekly chart, the only potential reversal signal so far is extreme RSI oversold conditions — no other confirmations yet.
Current structure allows for a long setup with clearly defined risk:
— stop-loss below $1.50.
Since price is trading inside a channel, the majority of the position should be taken off just below the channel midline.
The key resistance at the moment is the prior low zone at $1.70–1.90.
RSI is also capped near the 50 level, preventing a move into bullish territory.
On the weekly chart, the only potential reversal signal so far is extreme RSI oversold conditions — no other confirmations yet.
Current structure allows for a long setup with clearly defined risk:
— stop-loss below $1.50.
Since price is trading inside a channel, the majority of the position should be taken off just below the channel midline.
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🇺🇦 Ukrainian trader
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✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。