Long
Strat long term Chart analysis
-A nice rounded bottom chart seen as the cup and handle formation comes in for a possible bullish trend confirmed by the new uptrend formed by the second part of the handle.
-Volume seams to have significantly increased.
-MACD indicates a short correction and also an increase in momentum
-If the candles break bellow trend line it would be expected to bounce at the support 1 61.8 Fibonacci line which is also a strongly tested support level.
-Further correction would see the charts move towards the second support and possibly a massive swing up.
Note:
-check for mote information Fundamental and Sentimental analysis to support finding before proceeding.
Do comment your thoughts and questions, Thank you.
-Volume seams to have significantly increased.
-MACD indicates a short correction and also an increase in momentum
-If the candles break bellow trend line it would be expected to bounce at the support 1 61.8 Fibonacci line which is also a strongly tested support level.
-Further correction would see the charts move towards the second support and possibly a massive swing up.
Note:
-check for mote information Fundamental and Sentimental analysis to support finding before proceeding.
Do comment your thoughts and questions, Thank you.
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.