H4 charts shows how three main trendlines meet at 0.7$ point, exactly where the price is bouncing now.
The purple line, the black line and the green line all meet at this point.
I would not be surprised to see a reaction tomorrow from these current levels, and a second/third and fourth week of May definitely bullish, in my personal opinion!
The purple line, the black line and the green line all meet at this point.
I would not be surprised to see a reaction tomorrow from these current levels, and a second/third and fourth week of May definitely bullish, in my personal opinion!
Trade active
The bearish trend is not reversed yet, but we are still in the 0.7$ area where the price is in my opinion ready to rebounce. We still need to be patientLe mie analisi tecniche sono potenziate dal Forecaster Terminal di Forecaster.biz. Ottieni il 10% di sconto sul tuo abbonamento con il codice FRAMER10. Scopri di più cliccando su questo link:
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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.
Le mie analisi tecniche sono potenziate dal Forecaster Terminal di Forecaster.biz. Ottieni il 10% di sconto sul tuo abbonamento con il codice FRAMER10. Scopri di più cliccando su questo link:
forecaster.biz/y/FRAMER10?coupon=FRAMER10
forecaster.biz/y/FRAMER10?coupon=FRAMER10
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.