Donear's chart is painting a bullish picture!
KEY OBSERVATIONS:
*Weekl Demand Area Rejection: Donear has bounced off its weekly demand area,confirming buying pressure.
*Higher highs and Higher Lows (HH/HL): Lower time frame shows an uptrend.
*Bullish Divergence:RSI and Price action indicate strength.
OUTLOOK:
Expect Donear to surge above ,if it forms potential HL from the marked zone(123-115),with bullish candlestick.It could make another All-Time High if the weekly demand area holds strong.
KEY OBSERVATIONS:
*Weekl Demand Area Rejection: Donear has bounced off its weekly demand area,confirming buying pressure.
*Higher highs and Higher Lows (HH/HL): Lower time frame shows an uptrend.
*Bullish Divergence:RSI and Price action indicate strength.
OUTLOOK:
Expect Donear to surge above ,if it forms potential HL from the marked zone(123-115),with bullish candlestick.It could make another All-Time High if the weekly demand area holds strong.
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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.
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.