Nothing special, after October 10, we found a "bottom" in this cycle, where it will probably move in a chaotic direction, shedding shorts and longs on its way. The yellow dotted line indicates the area where a "turn" is possible (it is possible to make some decisions, political or drastic regulatory changes or in that spirit)
Red showed resistance zones in case of a possible reversal. And a break of the negative trend on TF 1D.There is also weak support, which may act as a "hope" zone with a possible slight increase and a rapid decline in price to the lows that we have already tested on October 10, and clearly rested in the support zone.
But I wouldn't be surprised if we're in the near future, it will bounce back significantly below October 10th.
Red showed resistance zones in case of a possible reversal. And a break of the negative trend on TF 1D.There is also weak support, which may act as a "hope" zone with a possible slight increase and a rapid decline in price to the lows that we have already tested on October 10, and clearly rested in the support zone.
But I wouldn't be surprised if we're in the near future, it will bounce back significantly below October 10th.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.