Factors:
1. Fibo
2. Support of previous levels
3. Bearish pennant going down
4. Falling wedge forming suggesting sell pressure is dropping.
1. Fibo
2. Support of previous levels
3. Bearish pennant going down
4. Falling wedge forming suggesting sell pressure is dropping.
Note
<deleted>Note
5. SMA 150 support also converging in the same areaOrder cancelled
Typical green dong which erases confirmation of a downtrend lol.
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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.