RENDERUSDT, 1D, Inverted Head & Shoulder
RENDERUSDT, 1D, Inverted Head & Shoulder.
It has now reached it's inverted right shoulder. By the 1D chart, the price depicted a hammer candlestick with a long bottom wick. This typically happens after a price decline.
My approach would be to wait for tomorrow or next day to check if there is 3 continuous green candlesticks and price holds at closing price approx ~$7.8.
This might signify a reversal.
Else, if ti dips below ~$4.7, it might continue to drop till ~$3.2
It has now reached it's inverted right shoulder. By the 1D chart, the price depicted a hammer candlestick with a long bottom wick. This typically happens after a price decline.
My approach would be to wait for tomorrow or next day to check if there is 3 continuous green candlesticks and price holds at closing price approx ~$7.8.
This might signify a reversal.
Else, if ti dips below ~$4.7, it might continue to drop till ~$3.2
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626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
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.
---
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
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.