Since the beginning of the year, the price has been moving in an upward trend from the support level of 89.19. However, in early April, the price came to the strong resistance zone 93.12, where the historically strong level and the 2016 resistance line intersect.
From this point, the price reversed and began to fall. In the course of the fall, the price was able to break through the resistance line - at that moment of support - 92.25. Left the trend and eventually stopped at the January 2021 support line at 91.58. I expect that from this point the price will start a new rise and come to the resistance line 92.65.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
From this point, the price reversed and began to fall. In the course of the fall, the price was able to break through the resistance line - at that moment of support - 92.25. Left the trend and eventually stopped at the January 2021 support line at 91.58. I expect that from this point the price will start a new rise and come to the resistance line 92.65.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.