🔻 Trend:
• Currently visible inheritance channel - confirmed by the yellow inheritance trend (decreasing peaks).
• The price tests resistance in the area 117.564 - possible to break out, but requires confirmation of the volume.
⸻
📊 levels of support and resistance:
• resistance:
• 117,564 (here we are now - resistance test)
• 117,939
• 118,206 (key level - potential breaking from the channel)
• Support:
• 117,205 - a recent hole, valid short -term
• 116,905
• 116,680 - deeper support, possible target with further decline
⸻
📉 Macd:
• The histogram begins to decrease, but the MacD line and the signal line still below zero → still weakness.
• Possibility to build a base for reversing the trend, but there is no clear signal intersection.
⸻
📉 RSI (Relative Strength Index):
• RSI below 50, but it starts to reflect slightly.
• MA RSI is still falling → no strong growth dynamics.
⸻
🔍 Applications:
• The downward trend still dominates, but the price is trying to pierce local resistance (117.564).
• If it breaks above 117,939–118,206 and persists, a possible change in the direction at a short interval.
• If he rejects the resistance - a quick descend to 117.205 or lower (116,900-116,680).
⸻
⚠️ Signals for observation:
• Closing the candle 1h above 118.206 - Bullly Breakout.
• Rejection of level 117.564 and descent below 117,200 - confirmation of further decline.
• MacD and RSI - 50 - potential change of direction.
• Currently visible inheritance channel - confirmed by the yellow inheritance trend (decreasing peaks).
• The price tests resistance in the area 117.564 - possible to break out, but requires confirmation of the volume.
⸻
📊 levels of support and resistance:
• resistance:
• 117,564 (here we are now - resistance test)
• 117,939
• 118,206 (key level - potential breaking from the channel)
• Support:
• 117,205 - a recent hole, valid short -term
• 116,905
• 116,680 - deeper support, possible target with further decline
⸻
📉 Macd:
• The histogram begins to decrease, but the MacD line and the signal line still below zero → still weakness.
• Possibility to build a base for reversing the trend, but there is no clear signal intersection.
⸻
📉 RSI (Relative Strength Index):
• RSI below 50, but it starts to reflect slightly.
• MA RSI is still falling → no strong growth dynamics.
⸻
🔍 Applications:
• The downward trend still dominates, but the price is trying to pierce local resistance (117.564).
• If it breaks above 117,939–118,206 and persists, a possible change in the direction at a short interval.
• If he rejects the resistance - a quick descend to 117.205 or lower (116,900-116,680).
⸻
⚠️ Signals for observation:
• Closing the candle 1h above 118.206 - Bullly Breakout.
• Rejection of level 117.564 and descent below 117,200 - confirmation of further decline.
• MacD and RSI - 50 - potential change of direction.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.