Entry price: 610-615$
Target price: 575-580$
Stop loss: 620-625$
Bollinger Bands: The price is approaching the upper band.
RSI: Indicator is approaching 70 level, therefore the market is near to be overbought.
Fibonacci Retracement: The price is approaching the resistance level (Fib 1.618 level).
Conclusions: Bollinger Bands and RSI suggest the trend reversal in the near future. Moreover, the price is approaching Fib resistance level, thus the short position is recommended with the stop loss above Fib 1.618 level.
No financial advice.
Target price: 575-580$
Stop loss: 620-625$
Bollinger Bands: The price is approaching the upper band.
RSI: Indicator is approaching 70 level, therefore the market is near to be overbought.
Fibonacci Retracement: The price is approaching the resistance level (Fib 1.618 level).
Conclusions: Bollinger Bands and RSI suggest the trend reversal in the near future. Moreover, the price is approaching Fib resistance level, thus the short position is recommended with the stop loss above Fib 1.618 level.
No financial advice.
💥 Free signals and ideas ➡ t.me/vfinvestment
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💥 Free signals and ideas ➡ t.me/vfinvestment
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。