Hello traders,
-As you see we have a bearish triangle on the 1 H chart, a break down the support line-level could accelerate the drop, however, we still see rejection from the 40 $ level.
-Possible support levels are highlighted on the 1 H chart.
- the 1 D chart shows a deceleration when the price approached the gap level of 41.6 $, Confirmed by the MACD indicator.
-A Fibonacci retracement gives us possible retracement levels on the daily chart.
-Any break above the 41.6 $ level could take the price higher to 48-49 $ levels, I don't see this coming as this level was rejected several times.
Your comments are welcome.
-As you see we have a bearish triangle on the 1 H chart, a break down the support line-level could accelerate the drop, however, we still see rejection from the 40 $ level.
-Possible support levels are highlighted on the 1 H chart.
- the 1 D chart shows a deceleration when the price approached the gap level of 41.6 $, Confirmed by the MACD indicator.
-A Fibonacci retracement gives us possible retracement levels on the daily chart.
-Any break above the 41.6 $ level could take the price higher to 48-49 $ levels, I don't see this coming as this level was rejected several times.
Your comments are welcome.
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.