I think that the actual trend is bullish.
2 candles in 4 hour timeframes are over the support of 48.01.
Actual range is 48.01 - 50.08.
In the bullish scenario (that seems to be confirmed) :
- Price may go up to 50.08
- If price gets over 50.08 then next resistance may then be 50.94.
2 candles in 4 hour timeframes are over the support of 48.01.
Actual range is 48.01 - 50.08.
In the bullish scenario (that seems to be confirmed) :
- Price may go up to 50.08
- If price gets over 50.08 then next resistance may then be 50.94.
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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.