Successful bounce down off of the 20Day MA, now testing the top of "strong support" zone.
A few possibilities shown that I can see playing out for the next few days, and into the month of Oct.
A break below 0.225 will likely yield a drop to 0.21 levels.
If we don't bounce up from the March trend line, that will likely bring us to the bottom of the channel around 0.19 levels.
A few possibilities shown that I can see playing out for the next few days, and into the month of Oct.
A break below 0.225 will likely yield a drop to 0.21 levels.
If we don't bounce up from the March trend line, that will likely bring us to the bottom of the channel around 0.19 levels.
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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.