On Friday, the price broke below this level and coming back above it to confirm again this old resistance as new support and creating a hammer candle.
Commento:
apologies for my broken notes above... here's how it should "sound":
On Friday, the price broke below $26535 (black dotted line) and coming back above it to confirm again this old resistance as new support and creating a hammer candle (bullish price reversal) + bullish divergence on the MACD histogram (blue lines)
Trade chiuso manualmente:
price breaking below the support level...
Charts Avenue
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On Friday, the price broke below $26535 (black dotted line) and coming back above it to confirm again this old resistance as new support and creating a hammer candle (bullish price reversal) + bullish divergence on the MACD histogram (blue lines)