Bearish from 2019.
Bounced off 200MA on multiple occasions since then (circled in blue).
Bounced again against it a few days ago.
High R/R (almost 10)
200MA pointing South = Bearish
250RSI below 50 = bearish
Target #1 = 4.47$
Target #2 = 3.96$
Target #3 = 3.25$
Target #4 = 2.68$
Bounced off 200MA on multiple occasions since then (circled in blue).
Bounced again against it a few days ago.
High R/R (almost 10)
200MA pointing South = Bearish
250RSI below 50 = bearish
Target #1 = 4.47$
Target #2 = 3.96$
Target #3 = 3.25$
Target #4 = 2.68$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.