Entry price: 124-128$
Target price: 139-141$
Keltner Channels: The price is oscillating close to the lower boundary.
RSI: under 30 level, thus the asset is oversold.
Fib Retracement: The price is approaching 0 Fibonacci level.
Fib Time Zone: The price movement is supposed to occur around 14th of October.
Conclusions: RSI, Keltner Channels and Fib Time Zone suggest the trend reversal in the near future. Therefore, the long position is recommended between 0 and 0.236 Fibonacci levels. Moreover, the price is likely to achieve the target around 0.786 Fib level as there is very strong resistance zone.
No financial advice.
Target price: 139-141$
Keltner Channels: The price is oscillating close to the lower boundary.
RSI: under 30 level, thus the asset is oversold.
Fib Retracement: The price is approaching 0 Fibonacci level.
Fib Time Zone: The price movement is supposed to occur around 14th of October.
Conclusions: RSI, Keltner Channels and Fib Time Zone suggest the trend reversal in the near future. Therefore, the long position is recommended between 0 and 0.236 Fibonacci levels. Moreover, the price is likely to achieve the target around 0.786 Fib level as there is very strong resistance zone.
No financial advice.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.