Highlights:
- Price has broken previous resistance and becomes the new support at 0.70319
- Price retest and show rejection on the new support level
Market Trend:
- Overall uptrend bias
- Short term downtrend on Daily chart
Momentum:
Bearish momentum on Daily chart
Opinion:
- To continue uptrend, the price needs to stay above the support level
- Look for Long opportunity when price breakout of the Micro Trendline
- Price has broken previous resistance and becomes the new support at 0.70319
- Price retest and show rejection on the new support level
Market Trend:
- Overall uptrend bias
- Short term downtrend on Daily chart
Momentum:
Bearish momentum on Daily chart
Opinion:
- To continue uptrend, the price needs to stay above the support level
- Look for Long opportunity when price breakout of the Micro Trendline
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.
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.