Chiliz/Tether in terms of technical analysis is preparing for a bounce down to test the supports, below which the key liquidity zones are located.
On the global chart, we see the price rising to 0.2822, which could be considered as a trend change, but the price only makes a false-break at 0.2650, after which the global technical pullback finishes with the updating of the global lows.
Globally, the market is neutral, there are no clear signs of bears or bulls domination, because the price is in a sideways range between 0.3500 - 0.1500
Locally (on the main chart), we see the formation of the price channel, which coincides with the direction of the global trend
The price is testing the resistance zone and forming a consolidation under the level. In the long term I expect fall to the levels of 0.1741 and 0.1629.
But it is also worth considering a break-up of the channel upwards, in which case growth to the resistance level of 0.2122-0.2222 should be expected.
Regards R.Linda!
On the global chart, we see the price rising to 0.2822, which could be considered as a trend change, but the price only makes a false-break at 0.2650, after which the global technical pullback finishes with the updating of the global lows.
Globally, the market is neutral, there are no clear signs of bears or bulls domination, because the price is in a sideways range between 0.3500 - 0.1500
Locally (on the main chart), we see the formation of the price channel, which coincides with the direction of the global trend
The price is testing the resistance zone and forming a consolidation under the level. In the long term I expect fall to the levels of 0.1741 and 0.1629.
But it is also worth considering a break-up of the channel upwards, in which case growth to the resistance level of 0.2122-0.2222 should be expected.
Regards R.Linda!
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🌹TRADING is a CASINO💔!?
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Join me, I'll guide you to PROFITABLE TRADING💵!
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.