So yesterday I proposed a channel. Without putting too fine a point on it: I was wrong. The channel itself was correct, but I missed the outer one. That's a risk of working off of limited data, and why I generally try to avoid working with the hourly too often.
Here's a second attempt. It still has some of the weaknesses of the first (limited data) but seems to be holding. Expecting up to a $2 swing within the next 1-5 hrs. 1h chart currently suggests it'll be a downward break, shorter duration are inconclusive. Regardless of the direction, as long as it conforms to the larger channel I remain bullish.
Support 1: 63 (bottom of channel, currently medium and this number will creep up)
Support 1: 62 (weak)
Support 2: 61.40 (medium)
Support 3: 58.60 (medium).
Resistance 1: 66 (medium)
Resistance 1: 67.50 (top of the channel. Currently strong, but this number will move up as the hours go by)
Resistance 2: 74 (strong)
Here's a second attempt. It still has some of the weaknesses of the first (limited data) but seems to be holding. Expecting up to a $2 swing within the next 1-5 hrs. 1h chart currently suggests it'll be a downward break, shorter duration are inconclusive. Regardless of the direction, as long as it conforms to the larger channel I remain bullish.
Support 1: 63 (bottom of channel, currently medium and this number will creep up)
Support 1: 62 (weak)
Support 2: 61.40 (medium)
Support 3: 58.60 (medium).
Resistance 1: 66 (medium)
Resistance 1: 67.50 (top of the channel. Currently strong, but this number will move up as the hours go by)
Resistance 2: 74 (strong)
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.
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.