Price is still below the Kumo, indicating that the overall trend remains bearish.
A downtrend line has been broken, suggesting a potential trend reversal.
Potential golden cross but happened below Kumo suggesting a weak bullish signal.
Chikou Span is below price candles, signaling potential resistance ahead.
The stock is approaching the the Kumo, which can act as resistance. A successful breakout through this Kumo would enhance bullish sentiment.
Price attempted to break above the 0.205 level, but has closed at 0.200 (-2.44%), showing hesitation.
Consider entering a buy position ideally above 0.205.
If the price can stay above 0.205 with higher volume it would provide stronger confirmation of the bullish trend.
Place a stop loss at 0.185, just below recent support, to mitigate risk in case the breakout fails.
Note:
1. Analysis for education purpose only.
2. Trade at your own risk.
A downtrend line has been broken, suggesting a potential trend reversal.
Potential golden cross but happened below Kumo suggesting a weak bullish signal.
Chikou Span is below price candles, signaling potential resistance ahead.
The stock is approaching the the Kumo, which can act as resistance. A successful breakout through this Kumo would enhance bullish sentiment.
Price attempted to break above the 0.205 level, but has closed at 0.200 (-2.44%), showing hesitation.
Consider entering a buy position ideally above 0.205.
If the price can stay above 0.205 with higher volume it would provide stronger confirmation of the bullish trend.
Place a stop loss at 0.185, just below recent support, to mitigate risk in case the breakout fails.
Note:
1. Analysis for education purpose only.
2. Trade at your own risk.
Dagangan ditutup: hentian tercapai
Hit SL
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.