The price touched the upper band of the Bollinger bands, which I marked with a red circle. This could be a resistant point and the price faced pressure. As we know the price could move toward the middle line. So, the Bollinger bands give us a bearish signal.
Then let’s look at the MACD lines. It seems inconsistent with the Bollinger Bands. But, If you take a closer look at the MACD, we can see that the blue line already went down a little bit, so it may form a dead cross in the near future.
The RSI is still at a high level now, however, it is going down right now. So I would still consider it a bearish signal. And I believe it could down to 35 soon.
Let’s expect the downtrend.
Then let’s look at the MACD lines. It seems inconsistent with the Bollinger Bands. But, If you take a closer look at the MACD, we can see that the blue line already went down a little bit, so it may form a dead cross in the near future.
The RSI is still at a high level now, however, it is going down right now. So I would still consider it a bearish signal. And I believe it could down to 35 soon.
Let’s expect the downtrend.
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.