Price has come back into critical zone, trying to clear the resistance levels. Short term price momentum as indicated by red line is upwards. AS long as price above this line, stay long.
By joining various lows, I have formed the medium and long term support lines
Price has already created a support level near $48.87.
Important trading levels
R1 : $58.60
R2 : 65.77
S1 – 50.88
S2 : 45.16
S3 : 36.25
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Note
Trendline being tested, await further candles to see how the momentum movesIf you love what you see, pls share a thumbs up and a comment in the section below
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If you love what you see, pls share a thumbs up and a comment in the section below
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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.