Hello Trading Fam! 👋
Price is moving within a clear range, bouncing between the upper resistance (upper bound) and lower support (lower bound). Recently, it dropped from the top of the range and is now approaching the lower zone again, where buyers have stepped in before.
At the same time, price is sitting on a rising trendline, adding extra support. This area is a potential buy zone, so the idea is to look for long entries here, targeting a move back toward the middle or top of the range.
Don’t forget to like and share your thoughts in the comments! ❤️
Price is moving within a clear range, bouncing between the upper resistance (upper bound) and lower support (lower bound). Recently, it dropped from the top of the range and is now approaching the lower zone again, where buyers have stepped in before.
At the same time, price is sitting on a rising trendline, adding extra support. This area is a potential buy zone, so the idea is to look for long entries here, targeting a move back toward the middle or top of the range.
Don’t forget to like and share your thoughts in the comments! ❤️
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
