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Making this simple :
The highest close since the bottom has been on March 20 at $6210 (green line).
.
Lowest close since the increase has been on March 22 at $5710 (red line).
A daily candlestick with a close above the green line suggests the price will move upwards, while the opposite is true for the red line.
Making this simple :
The highest close since the bottom has been on March 20 at $6210 (green line).
.
Lowest close since the increase has been on March 22 at $5710 (red line).
A daily candlestick with a close above the green line suggests the price will move upwards, while the opposite is true for the red line.
Note
Closed above, directional bias is bullish.
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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.
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.