On H4, the price fell from the peak of about 235 USD, then only recovered to the area of 212–216 USD before continuing to be sold down.
The formation of a lower peak with RSI turning around the neutral zone shows that the upward momentum is fading. The $208–214 area currently acts as near resistance.
The main scenario is that NVDA continues to be held below 214–216 USD, then clearly breaks the 200 USD zone. At that time, selling pressure could pull the price back to 190 USD. Only when the 190 zone is penetrated with a clear H4 candle will the deep reduction target around 164.17 USD be truly activated.
The formation of a lower peak with RSI turning around the neutral zone shows that the upward momentum is fading. The $208–214 area currently acts as near resistance.
The main scenario is that NVDA continues to be held below 214–216 USD, then clearly breaks the 200 USD zone. At that time, selling pressure could pull the price back to 190 USD. Only when the 190 zone is penetrated with a clear H4 candle will the deep reduction target around 164.17 USD be truly activated.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.