MDA 4h
I am sharing it for general looking to current situation. Red lines are support and resistance levels also we can say that they are targets and stop levels.
Price is testing trend line as support but
market is not bullish so it can go to under trend line. I won't buy it until a jump from here with nice volume.
Also if price can jump to over major downtrend line we can expect high profits
Price is testing trend line as support but
market is not bullish so it can go to under trend line. I won't buy it until a jump from here with nice volume.
Also if price can jump to over major downtrend line we can expect high profits
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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.