Price is still below the Kumo, indicating that the overall trend remains bearish.
A downtrend line has been broken, suggesting a potential trend reversal.
Potential golden cross but happened below Kumo suggesting a weak bullish signal.
Chikou Span is below price candles, signaling potential resistance ahead.
The stock is approaching the the Kumo, which can act as resistance. A successful breakout through this Kumo would enhance bullish sentiment.
Price attempted to break above the 0.205 level, but has closed at 0.200 (-2.44%), showing hesitation.
Consider entering a buy position ideally above 0.205.
If the price can stay above 0.205 with higher volume it would provide stronger confirmation of the bullish trend.
Place a stop loss at 0.185, just below recent support, to mitigate risk in case the breakout fails.
Note:
1. Analysis for education purpose only.
2. Trade at your own risk.
A downtrend line has been broken, suggesting a potential trend reversal.
Potential golden cross but happened below Kumo suggesting a weak bullish signal.
Chikou Span is below price candles, signaling potential resistance ahead.
The stock is approaching the the Kumo, which can act as resistance. A successful breakout through this Kumo would enhance bullish sentiment.
Price attempted to break above the 0.205 level, but has closed at 0.200 (-2.44%), showing hesitation.
Consider entering a buy position ideally above 0.205.
If the price can stay above 0.205 with higher volume it would provide stronger confirmation of the bullish trend.
Place a stop loss at 0.185, just below recent support, to mitigate risk in case the breakout fails.
Note:
1. Analysis for education purpose only.
2. Trade at your own risk.
Trade chiuso: stop raggiunto
Hit SL
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.