Technical Analysis and Outlook:
In the course of this week's trading activities, we noted a successful retest of the Interim Coin Rally at 88400, with particular emphasis on the Mean Support at 82500. This development indicates the potential for an extension in a trajectory toward the previously established Outer Coin Rally at 78700. An upward momentum may originate from the Mean Support at 82500 and/or the Key Support at 79000/completed Outer Coin Dip at 78700.
In the course of this week's trading activities, we noted a successful retest of the Interim Coin Rally at 88400, with particular emphasis on the Mean Support at 82500. This development indicates the potential for an extension in a trajectory toward the previously established Outer Coin Rally at 78700. An upward momentum may originate from the Mean Support at 82500 and/or the Key Support at 79000/completed Outer Coin Dip at 78700.
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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.
Related publications
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.