Red candles may be approaching for the TOTAL market cap parameter.
Currently, TOTAL is sitting right on a strong support zone that has held multiple times in the past. However, if this level fails to hold, the market could experience a sharp decline in the coming days.
Two Possible Scenarios:
Bullish case: If the market manages a bounce this week, there’s a risk of forming a Head and Shoulders pattern, which could act as a reversal structure unless invalidated quickly.
Bearish case: TOTAL has already mitigated a key supply zone (marked in red on the chart). A logical move here would be a retracement down to a nearby demand zone to regain strength for a fresh upward push.
If the current support is lost, we can expect a drop toward the green demand area between 3T and 2.85T.
Opportunity Zone: This range (3T–2.85T) will be ideal for long-term long or buy positions once reached, as it represents a high-probability rebound zone based on historical price behavior.
— Thanks for reading.
Currently, TOTAL is sitting right on a strong support zone that has held multiple times in the past. However, if this level fails to hold, the market could experience a sharp decline in the coming days.
Two Possible Scenarios:
Bullish case: If the market manages a bounce this week, there’s a risk of forming a Head and Shoulders pattern, which could act as a reversal structure unless invalidated quickly.
Bearish case: TOTAL has already mitigated a key supply zone (marked in red on the chart). A logical move here would be a retracement down to a nearby demand zone to regain strength for a fresh upward push.
If the current support is lost, we can expect a drop toward the green demand area between 3T and 2.85T.
Opportunity Zone: This range (3T–2.85T) will be ideal for long-term long or buy positions once reached, as it represents a high-probability rebound zone based on historical price behavior.
— Thanks for reading.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。