Zooming out to the bigger picture, we can see that we are approaching a strong support level around 18.60 (green zone), with bearish RSI divergence.
There is a high probability that this zone will serve as a catalyst for USD strength, at list in the short term.
Initial targets would be:
minor blue resistance zone around 19.20
major gray resistance zone around 19.75
I will be watching for reversal patterns in smaller timeframes after a test of green support.
There is a high probability that this zone will serve as a catalyst for USD strength, at list in the short term.
Initial targets would be:
minor blue resistance zone around 19.20
major gray resistance zone around 19.75
I will be watching for reversal patterns in smaller timeframes after a test of green support.
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📈 Experienced Crypto trader
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🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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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.