SUSHI, near the downtrend line.
The following are machine translations:
In the 4-hour chart, another period of decline began on June 1, and a downward trend line was formed on the way down, which was supported near 0.9. In the sideways fluctuation, it has now reached the vicinity of the downward trend and has been significantly suppressed.
The indicator macd energy column is running above the zero axis, with a bullish trend, the fast and slow line is about to go up to the zero axis, if it goes up completely to the zero axis, there is a high probability that it will break through the downtrend line. The RSI indicator is trending up above the neutral 50, which is bullish.
In terms of operation, if it breaks through the downtrend line to do long, there will be a period of rebound, and if it fails to break through, it may continue to oscillate within the range of the support line and the downtrend line.
In the 4-hour chart, another period of decline began on June 1, and a downward trend line was formed on the way down, which was supported near 0.9. In the sideways fluctuation, it has now reached the vicinity of the downward trend and has been significantly suppressed.
The indicator macd energy column is running above the zero axis, with a bullish trend, the fast and slow line is about to go up to the zero axis, if it goes up completely to the zero axis, there is a high probability that it will break through the downtrend line. The RSI indicator is trending up above the neutral 50, which is bullish.
In terms of operation, if it breaks through the downtrend line to do long, there will be a period of rebound, and if it fails to break through, it may continue to oscillate within the range of the support line and the downtrend line.
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