hello everyone i hope you good today , i just notice great price action and wanna share it with you.
In a completely similar movement 6 months ago, we note the following:
The two waves started mainly from the support line of the original ascending channel.
2- The price also rebounded from the same resistance area of the channel.
3- Reaching the same strong support area during approximately the same time period (26 days and 28 days).
4- There is a clear divergence in both cases with RSI und STOCHSTIC indicators.
-now if The same price movement leads to the same results,
The last time, the price rebounded violently within two days, until it reached 5.37,
Will the same scenario repeat?
what do you think?
In a completely similar movement 6 months ago, we note the following:
The two waves started mainly from the support line of the original ascending channel.
2- The price also rebounded from the same resistance area of the channel.
3- Reaching the same strong support area during approximately the same time period (26 days and 28 days).
4- There is a clear divergence in both cases with RSI und STOCHSTIC indicators.
-now if The same price movement leads to the same results,
The last time, the price rebounded violently within two days, until it reached 5.37,
Will the same scenario repeat?
what do you think?
Note
same results ....and more to come
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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.