Let’s see, the recent support point is strong. It pressed the price to rise for a while. And now, the precise seems to be at a platform.
As we can see, two lines of the MACD seem to get closer, which means they may create a dead cross in the near future.
And also, the RSI started to make a lower high. This is a signal for bearish too.
So, do we totally trust these signals?
I created a Fib, and now, the price is just at the 0.382 level, which is not very high. So, I would say that the price could go up to level 0.5.
Let’s wait for more signals.
As we can see, two lines of the MACD seem to get closer, which means they may create a dead cross in the near future.
And also, the RSI started to make a lower high. This is a signal for bearish too.
So, do we totally trust these signals?
I created a Fib, and now, the price is just at the 0.382 level, which is not very high. So, I would say that the price could go up to level 0.5.
Let’s wait for more signals.
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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.