Same pattern detected as October 2020.
Price currently on weakening downtrend.
Current price at support 0.060 - 0.065 (Yellow), might worth to wait for second support at 0.050 (complete retracement).
CL if break second support 0.050 (Red).
R1: 0.110 (Blue)
R2: 0.125 (Purple)
R3: 0.190 (Green)
Idea for educational purposes only.
TAYOR
Price currently on weakening downtrend.
Current price at support 0.060 - 0.065 (Yellow), might worth to wait for second support at 0.050 (complete retracement).
CL if break second support 0.050 (Red).
R1: 0.110 (Blue)
R2: 0.125 (Purple)
R3: 0.190 (Green)
Idea for educational purposes only.
TAYOR
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Related publications
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.