1. Price Above the 200-Day Moving Average (MA): The price has reclaimed and is trading above the 200-day MA (red line), which is typically considered a bullish signal in technical analysis. This suggests potential long-term support and a shift in sentiment.
2. Month Support Zone: The blue rectangular area marks a significant support zone that has held for approximately 4 months. This indicates strong buyer interest in this range, providing a foundation for potential upward momentum.
3. Volume Increasing: The recent increase in volume (visible on the volume bars) supports the breakout above the 200-day MA and suggests growing market participation, which strengthens the bullish case.
2. Month Support Zone: The blue rectangular area marks a significant support zone that has held for approximately 4 months. This indicates strong buyer interest in this range, providing a foundation for potential upward momentum.
3. Volume Increasing: The recent increase in volume (visible on the volume bars) supports the breakout above the 200-day MA and suggests growing market participation, which strengthens the bullish case.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.