DOCK stuck in descending channel
$BINANCE:DOCKUSDT
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Hello everyone.
As we can see :
- MACD is neutral but major movement is bearish
- Stochastic is on middle range and being bearish
- rejected from EMA 100
- trending in descending channel
Recently DOCK pulled back from support and now rejected by EMA 100 !
So major movement is bearish but if dock break EMA 100 and hold above it or pullback again from support then there is a opportunity to take long.
Also its more safe to wait for a breakout from descending channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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Penerbitan berkaitan
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.