As the orange trend line I marked, the price has been falling for a while. And the slope becomes steeper and steeper.
Can we trust this trend?
I think this trend could last for a while.
First, we can see that the MACD lines tried to make a bullish cross, however, they failed. The pressure was not enough, which means the bearish power is still strong.
This power can be proved from the candles, as we can see, the candles become bigger.
So, let’s expect the price to go down.
Can we trust this trend?
I think this trend could last for a while.
First, we can see that the MACD lines tried to make a bullish cross, however, they failed. The pressure was not enough, which means the bearish power is still strong.
This power can be proved from the candles, as we can see, the candles become bigger.
So, let’s expect the price to go down.
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.