Chart Overview:
Current Price: $3,260.637, with a gain of +22.163 (+0.68%).
Price Range: Between approximately $3,000 and $3,500.
Time Frame: 1-hour candlesticks.
Indicators: The chart uses various market structure indicators and annotations like BOS (Break of Structure), ChoCH (Change of Character), and zones indicating buy/sell areas.
Key Features:
Buy/Sell Zones:
Green Zones indicate demand areas (support), where the price tends to bounce up (Buy signals).
Red Zones indicate supply areas (resistance), where the price tends to drop (Sell signals).
Signals:
Green triangles and “Buy” text suggest areas where the price is expected to rise.
Red downward triangles and “Sell” text show expected reversal points downward.
Market Structure:
BOS (Break of Structure) and ChoCH (Change of Character) labels denote shifts in market trends—important for traders watching for reversals or trend continuations.
Price Projection:
A projected price range area is shown to the right, suggesting a possible upward movement toward the $3,411 level if the current breakout holds.
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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.