Hello.
Note that we have a rejection of EMA50 and at the same time the candle fell down from Kumo cloud.
And also tenkan-sen has been broken.
I also expect a break of the kijun-sen.
See my previous chart, where I point out death cross from EMA100/EMA200 on 3D chart.
The price has failed to break out of the channel and a test middle of downtrend channel is forthcoming.
During this year price will reach $10,000.
Not ready to say yet if the price will go lower.
A lot of buying pressure will be waiting at this level.
Stochastic falls and SQZMOM brings only 1 gray cross, immediately changed to black.
Note that we have a rejection of EMA50 and at the same time the candle fell down from Kumo cloud.
And also tenkan-sen has been broken.
I also expect a break of the kijun-sen.
See my previous chart, where I point out death cross from EMA100/EMA200 on 3D chart.
The price has failed to break out of the channel and a test middle of downtrend channel is forthcoming.
During this year price will reach $10,000.
Not ready to say yet if the price will go lower.
A lot of buying pressure will be waiting at this level.
Stochastic falls and SQZMOM brings only 1 gray cross, immediately changed to black.
Note
Certain ambiguity. Note
Note
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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.