With rising bottoms, GRT rewrites a new graphic pattern, deconstructing the figure of the descending channel
Pattern: The price is approaching resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is at 0. Once the price breaks above the resistance, it may move towards the next resistance level at 0.2529. its support zones are: 0.1963 and 0.1875
The short-term trend is bullish.
Pattern: The price is approaching resistance, which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is at 0. Once the price breaks above the resistance, it may move towards the next resistance level at 0.2529. its support zones are: 0.1963 and 0.1875
The short-term trend is bullish.
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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.