Entry price: 868-888$
Target price: 760-780$
Keltner Channels: The price broke the upper boundary.
RSI: approaches 82 level, thus the asset is very overbought.
Conclusions: RSI and Keltner Channels suggest that a trend reversal might occur in the near future. Moreover, the price has approached the strong resistance level, thus the short position is recommended.
No financial advice
Target price: 760-780$
Keltner Channels: The price broke the upper boundary.
RSI: approaches 82 level, thus the asset is very overbought.
Conclusions: RSI and Keltner Channels suggest that a trend reversal might occur in the near future. Moreover, the price has approached the strong resistance level, thus the short position is recommended.
No financial advice
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.