Translate to English:
On the daily chart, the price is trapped within a rising wedge, and the MACD has turned bearish—a contrast to yesterday's positive setup. Still, it remains to be seen whether strong demand can reverse the trend.
Let me know if you'd like any adjustments!
On the daily chart, the price is trapped within a rising wedge, and the MACD has turned bearish—a contrast to yesterday's positive setup. Still, it remains to be seen whether strong demand can reverse the trend.
Let me know if you'd like any adjustments!
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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.