August is a key turning point

Hello, fellow traders!

Follow us to get the latest information quickly.
Have a great day!

-------------------------------------

(ABNB 1M chart)

ABNB is at a key turning point.

The key question is whether it can find support near 126.34 and rise.

-
(1D chart)

The key is whether the price can rise after finding support in the 126.34-133.72 range.

If it falls below 133.72,

1st: 112.91-118.67
2nd: 97.35-106.30
We need to check for support near the 1st and 2nd levels above.

We'll have to wait and see whether this decline is temporary.

This is because the Low Line ~ High Line channel's On-By-Volume (OBV) indicator shows convergence between the Low Line and High Line.

The next period of volatility is expected to begin around August 20th.

-
Thank you for reading.
I wish you successful trading.

--------------------------------------------------