Following up from my previous analysis, 3 out of 4 of my support/resistance zones have proven to be valid. There was a break at my support level at 0.087 but the market has reacted with a hard bounce at 0.081, so I could be wrong there. Bears should be cautious at those levels as I feel a bottom is close. If 0.081 breaks, possible support could be between 0.065 - 0.077.
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.