HELLO GUYS
Today's collapse affected it strongly, as it broke down the intersection of the support lines that were trading above it for the last four days.
The descending trend line, in addition to the middle line of the BOLLINGER Bands indicator, and the EMA50 line,
This is not good, if the price does not rebound up very soon, it will continue towards its support area and cross with the lower band, which in turn forms a support line.
Today's collapse affected it strongly, as it broke down the intersection of the support lines that were trading above it for the last four days.
The descending trend line, in addition to the middle line of the BOLLINGER Bands indicator, and the EMA50 line,
This is not good, if the price does not rebound up very soon, it will continue towards its support area and cross with the lower band, which in turn forms a support line.
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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.
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.