Hi guys
The main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now.
But on the daily and four-hour time frames, we have a positive RSI divergence.
And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the upward trend is strengthened.
What do you think?
The main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now.
But on the daily and four-hour time frames, we have a positive RSI divergence.
And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the upward trend is strengthened.
What do you think?
Сделка активна
In the previous analysis, with the support zone intact, we had a 160% move towards the initial target.
The bullish outlook remains intact, and it seems that the two identified support zones are attractive areas for re-entry or increasing position size.
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.