After the price broke through the support level 1.221, its growth, which had been maintained over the past months, slowed down.
Over the past two weeks, the price has broken through the level several times, sometimes during an increase, then during a fall. However, the support formed by two intersecting lines did not give her a collapse. Both were educated this fall, in November and October.
The price bounced off the crossing of these 1.218 lines earlier this week. It has broken through the level again in the process of growth and now continues to grow steadily above the level. After a strong jump, the price made a small pullback, but I assume that the strength of the support - to which the level has joined now - will be enough to continue the rise.
Thus, I expect the price to continue to rise and come to the resistance line at 1.240. This will be our goal.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Over the past two weeks, the price has broken through the level several times, sometimes during an increase, then during a fall. However, the support formed by two intersecting lines did not give her a collapse. Both were educated this fall, in November and October.
The price bounced off the crossing of these 1.218 lines earlier this week. It has broken through the level again in the process of growth and now continues to grow steadily above the level. After a strong jump, the price made a small pullback, but I assume that the strength of the support - to which the level has joined now - will be enough to continue the rise.
Thus, I expect the price to continue to rise and come to the resistance line at 1.240. This will be our goal.
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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🌎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.
💰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.