1. General trend
• A strong upward trend has been underway since June (orange trend marked).
• Recently, we had a very strong rally to around USD 250, but there was a violent correction.
2. Support and resistance
• resistance:
• USD 214 (local resistance, the market has bounced down here).
• 230 USD (strong resistance).
• USD 250 (peak, main resistance).
• Support:
• USD 193 (here the price is currently fighting).
• 176 USD (another strong support - earlier consolidation).
• USD 158 (key support, fracture could mean a change in the trend).
3. STOCHASTIC RSI
• Currently in the sales zone (nearly 0) → may suggest that the market is approaching a local hole and a potential reflection.
4. Scenarios
• Bullish:
If support is supported at 193 USD, possible reflection in the direction of USD 214, and after breaking this level - an attack on USD 230.
• Bearish:
If the price pierces $ 193 down, the next goal is 176 USD, and below even USD 158.
5. Summary
• The market is in correction after strong height.
• At the moment, the key level is 193 USD. Maintaining this support can be reflected.
• However, breaking 193 will open the road to 176.
• RSI shows the sale → short -term relief.
• A strong upward trend has been underway since June (orange trend marked).
• Recently, we had a very strong rally to around USD 250, but there was a violent correction.
2. Support and resistance
• resistance:
• USD 214 (local resistance, the market has bounced down here).
• 230 USD (strong resistance).
• USD 250 (peak, main resistance).
• Support:
• USD 193 (here the price is currently fighting).
• 176 USD (another strong support - earlier consolidation).
• USD 158 (key support, fracture could mean a change in the trend).
3. STOCHASTIC RSI
• Currently in the sales zone (nearly 0) → may suggest that the market is approaching a local hole and a potential reflection.
4. Scenarios
• Bullish:
If support is supported at 193 USD, possible reflection in the direction of USD 214, and after breaking this level - an attack on USD 230.
• Bearish:
If the price pierces $ 193 down, the next goal is 176 USD, and below even USD 158.
5. Summary
• The market is in correction after strong height.
• At the moment, the key level is 193 USD. Maintaining this support can be reflected.
• However, breaking 193 will open the road to 176.
• RSI shows the sale → short -term relief.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.