DKNG
I would advise against purchasing currently, this looks like a bounce. I see no double bottom or confirmation that the low is in.
There is only convergence between the chart and the indicators. We want a clear divergence to show sellers are exhausted before we place our order. It fails at the red line resistance i put in the green box. It is regarding previous support as resistance. Which can imply more downside.
Be patient and set an alarm on bot the resistance, and the new candle bottom low.
I would advise against purchasing currently, this looks like a bounce. I see no double bottom or confirmation that the low is in.
There is only convergence between the chart and the indicators. We want a clear divergence to show sellers are exhausted before we place our order. It fails at the red line resistance i put in the green box. It is regarding previous support as resistance. Which can imply more downside.
Be patient and set an alarm on bot the resistance, and the new candle bottom low.
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.