The price has stabilized below the consolidation zone, confirming a bearish continuation. After falling from the consolidation zone, the price reached the support level at 2363, which acted as a temporary barrier and initiated a corrective move. This correction may extend toward 2576 before the next major move unfolds. If the price fails to break above 2576, the bearish momentum is likely to resume, leading to another attempt at breaking 2363. A confirmed break below this level would open the path toward the strong support at 2120.
However, if the price manages to break above 2576, it could indicate a return to consolidation rather than a continuation of the downtrend.
Traders, I appreciate your support! If this analysis resonates with you, drop a comment below!
However, if the price manages to break above 2576, it could indicate a return to consolidation rather than a continuation of the downtrend.
Traders, I appreciate your support! If this analysis resonates with you, drop a comment below!
Trade attivo
The price is continuously trading above 2363 as a correction before initiating a decline.Trade chiuso: obiettivo raggiunto
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.