As can be seen, the price has been falling for a while. Now, the price entered a platform where the Bollinger Bands also shrunk. So, where would the price go after that?
The Bollinger Bands shows a signal that the price would break out in the near future.
So, what could this big change be?
Let’s take a look at other signals.
First, the MACD is in an upward trend, so does the RSI, which means that they are showing bullish signals.
Next, let’s see the Fib I made. The platform is just at the level below 0.236, which means there could be a potential to go up.
Let’s expect the price to go up
The Bollinger Bands shows a signal that the price would break out in the near future.
So, what could this big change be?
Let’s take a look at other signals.
First, the MACD is in an upward trend, so does the RSI, which means that they are showing bullish signals.
Next, let’s see the Fib I made. The platform is just at the level below 0.236, which means there could be a potential to go up.
Let’s expect the price to go up
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.