Entry price: 196,5-198$
Target 1: 212-215$
Target 2: 228-230$
RSI: approaches 20 level, the asset is oversold
Keltner channel: the price is beyond the lower band
Conclusions: RSI and Keltner Channel suggest that the trend reversal might occur. Moreover, the price approaches the strong resistance level, thus the long position is recommended in that zone.
No financial advice
Target 1: 212-215$
Target 2: 228-230$
RSI: approaches 20 level, the asset is oversold
Keltner channel: the price is beyond the lower band
Conclusions: RSI and Keltner Channel suggest that the trend reversal might occur. Moreover, the price approaches the strong resistance level, thus the long position is recommended in that zone.
No financial advice
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