Blitz Bear: We've been in a long time downtrend and now the price is under the pressure of EMA 50. According to the volume it is unlikely that the price will go up and breakthrough to the upside now. When this pullback is over, The market might have another panic sale which causes a long consolidation.
Blitz Bull: The support level still matters, If the price holds above there(344), then eventually a bigger pullback will be materialized. Next resistance: 450.
Blitz Bull: The support level still matters, If the price holds above there(344), then eventually a bigger pullback will be materialized. Next resistance: 450.
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.