As the orange trend line I marked, the price has been falling for a while. And the slope becomes steeper and steeper.
Can we trust this trend?
I think this trend could last for a while.
First, we can see that the MACD lines tried to make a bullish cross, however, they failed. The pressure was not enough, which means the bearish power is still strong.
This power can be proved from the candles, as we can see, the candles become bigger.
So, let’s expect the price to go down.
Can we trust this trend?
I think this trend could last for a while.
First, we can see that the MACD lines tried to make a bullish cross, however, they failed. The pressure was not enough, which means the bearish power is still strong.
This power can be proved from the candles, as we can see, the candles become bigger.
So, let’s expect the price to go down.
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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.