hello guys...
as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down!
now I believe this coin wanna start another downward movement until the 0.61 fibo level at least!
_____________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see the last higher high reacted to another level (get it as an engulf area) and then tried to break the ascending trendline (or we can consider it as an ascending channel), therefore success in breaking down!
now I believe this coin wanna start another downward movement until the 0.61 fibo level at least!
_____________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
I put this position detailed for this analysis in my channel:Trade closed: target reached
so the first target touched
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.