The price is at interesting levels that make it a good opportunity to long:
- Daily support level.
- 50% Fib retracement of the latest up move.
- Resistance of the down retracement channel.
- Oversold on Stochastic.
Breaking up through the down channel may indicate the ending of the retracement. So, it will be the good time to long.
Good luck.
- Daily support level.
- 50% Fib retracement of the latest up move.
- Resistance of the down retracement channel.
- Oversold on Stochastic.
Breaking up through the down channel may indicate the ending of the retracement. So, it will be the good time to long.
Good luck.
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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.