Sellers from a previous premium price of 0.60665 sought after buyers by reducing price down to 0.53648.
Buyers took advantage of the low price and are buying up the price. Price has currently risen above the down slope.
I expect a pullback to 0.56269 where new buyers may desire to buy more and anticipate price to rise back to 0.60665 or higher.
Buyers took advantage of the low price and are buying up the price. Price has currently risen above the down slope.
I expect a pullback to 0.56269 where new buyers may desire to buy more and anticipate price to rise back to 0.60665 or higher.
Trade active
Worked as predicted.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.