Hi All, my main 3 take-outs from this analysis are the following:
1- Price is moving within a descending wedge and a bigger trangle
2- Price has been rejected by the 200 MA and by a descending trendline resistence
3- We might see a retracement to fill in the daily gap left on Friday
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
1- Price is moving within a descending wedge and a bigger trangle
2- Price has been rejected by the 200 MA and by a descending trendline resistence
3- We might see a retracement to fill in the daily gap left on Friday
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Nota
Price is moving according the the analysis, aheaded to the gap covering at around 0.73$. I still expect a drop till that level. Please note that the monthly candle might close with a higher high and higher low, for the first time since monthsOpero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Opero sui mercati finanziari dal 2010 con approccio prevalentemente tecnico. Investitore Palantir dal 2022 e Analista Tecnico Certificato SIAT. Specializzato nel mercato azionario US e IT.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.