TREND
According to the current wave structure, it is in the downtrend.
Characteristically, it is used to create pull and push backs after support/resistance breakout.
So we can expect similar behavior now.
It has not formed a channel yet, but a probable channel can be estimated as on the chart.
Moving Averages
The current price is under 100-day (Turquoise) (so supports downtrend)
50-day (Orange) will most likely cross 100-day (Turquoise) from up to down (powerful indicator supporting downtrend) in two weeks, unless prices exceeds 50-day.
200-day (Blue) has just worked as a support, but the next momentum is expected to be more powerful resulting a potential breakout of 200-day support.
SUMMARY
Based on this analysis, a price action following the blue arrow is highly probable.
According to the current wave structure, it is in the downtrend.
Characteristically, it is used to create pull and push backs after support/resistance breakout.
So we can expect similar behavior now.
It has not formed a channel yet, but a probable channel can be estimated as on the chart.
Moving Averages
The current price is under 100-day (Turquoise) (so supports downtrend)
50-day (Orange) will most likely cross 100-day (Turquoise) from up to down (powerful indicator supporting downtrend) in two weeks, unless prices exceeds 50-day.
200-day (Blue) has just worked as a support, but the next momentum is expected to be more powerful resulting a potential breakout of 200-day support.
SUMMARY
Based on this analysis, a price action following the blue arrow is highly probable.
액티브 트레이드
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.