The price is moving near its lows despite steadily increasing revenue.
The current formation is a double or triple bottom with a neckline at $29.3. At the moment, the price continues to decline, following the blue resistance — it’s better to wait for a breakout with a close above it before starting to accumulate.
It’s also possible that there will be one last test of the $12.5–13 area before a true reversal begins.
The current formation is a double or triple bottom with a neckline at $29.3. At the moment, the price continues to decline, following the blue resistance — it’s better to wait for a breakout with a close above it before starting to accumulate.
It’s also possible that there will be one last test of the $12.5–13 area before a true reversal begins.
Note
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Note
Sentinel on alert!Eyes open for a possible breakout that could offer an interesting opportunity for entry or accumulation
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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.
