Trade setup: After a bearish breakout from Channel Up pattern, price has pulled back to $13.00. However, it remains in an Uptrend. Momentum is inflecting bullish again (MACD Histogram rising) and price could swing back up to $16.75 for +25% potential upside. Stop Loss (SL) level at $11.90.
Trend: Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $13.00, which it broke, then $11.00. The nearest Resistance Zone is $16.75, then $20.00.
Trend: Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $13.00, which it broke, then $11.00. The nearest Resistance Zone is $16.75, then $20.00.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.