Even though, 📉FAKEAI is trading in a long-term bullish trend,
we can not deny the following bearish clues:
↪️First, the pair violated a support line of a rising wedge pattern and closed below that on a 4H chart.
↪️Second, the price formed a descending triangle formation and broke its neckline as well.
We have 2 important bearish confirmations now.
The market may easily drop lower.
Next Support - 0.014
we can not deny the following bearish clues:
↪️First, the pair violated a support line of a rising wedge pattern and closed below that on a 4H chart.
↪️Second, the price formed a descending triangle formation and broke its neckline as well.
We have 2 important bearish confirmations now.
The market may easily drop lower.
Next Support - 0.014
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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.
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.