The price started to trade under 9 MA.
It doesn't indicate bearish trend but it may be point of taking this what's on the table if traded from the previous pullback.
As one of the scenarios, ascending channel no.2 could be created, if the asset keep rising.
It doesn't indicate bearish trend but it may be point of taking this what's on the table if traded from the previous pullback.
As one of the scenarios, ascending channel no.2 could be created, if the asset keep rising.
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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.