Merry Christmas Merchants of Near!
It’s an important news that the Christmas came with a pump. Nonetheless, a good knowledge of the market is required to stay aloof with price movement.
The fib trend extension analysis shows that price should get to $15.8 before a major retracement while the trend lines we left on this chart from previous analysis for monitoring price movements show that price should retrace at $14.9.
With the Fib retracement tool, we have been able to measure where this retracement should lead to before resuming the bullish movement.
Price should retrace down to $12.5 on its first move and on a persistent supply price should get to $11.0
Definitely, we are sure to see price dropping off this weekend.
Goodluck trading!!!
It’s an important news that the Christmas came with a pump. Nonetheless, a good knowledge of the market is required to stay aloof with price movement.
The fib trend extension analysis shows that price should get to $15.8 before a major retracement while the trend lines we left on this chart from previous analysis for monitoring price movements show that price should retrace at $14.9.
With the Fib retracement tool, we have been able to measure where this retracement should lead to before resuming the bullish movement.
Price should retrace down to $12.5 on its first move and on a persistent supply price should get to $11.0
Definitely, we are sure to see price dropping off this weekend.
Goodluck trading!!!
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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.
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.