symmetrical triangle, MACD is about to break above the signal, hidden divergence, reducing RSI before keeping the peaks at one level .... all this makes me think about a massive upward movement of the price ... expect to reach the zone in the order of 1600 dollars and the completion of wave 3 ...
It is obvious that Brent Oil is trying hard to defend his position, but despite everything a massive correction is forthcoming. Bearish divergence, MACD, too high and unjustified RSI are one of the few factors that make me consider the inevitable immersion.
step by step the price conquers new peaks. I think, and I wouldn't be surprised to see a price of 1.25 soon ...
in the last hours there is an accumulation of the price and I expect an "explosion" with a break of the upper red diagonal after a false break earlier ... SL - break of 28k
in the coming days I expect strong growth, as for the first stop the price will be around 33-34 dollars ... stop losses - 24.9
energy reserves will be crucial for the next scenario
after 190 days of accumulation, I expect the price to bounce off the bottom of the canal, supported by the 1821 support line. first target 2075 stop losses 1750
potential head and shoulders. sale after a break of 0.62383. Expected profit 0.61370.
potential head and shoulders. expect a price drop to a lower support level or a minimum length equal to that of the baseline to the top of the head
we observe the formation of a new upward trend
LTC accumulates in the upstream channel and I expect it to explode soon and exceed the expected prices of over 106 dollars
after the breach of the channel, in addition to the confirmation, wait for the price to calm down before making a purchase. for sl you can put the lower level of the breakthrough zone.
the support and the bullish RSI signal make me think that the price will bounce to the area of fib 0.618. it's time to buy...