Medium-Term Trend: Prior to the current candle structure, price was moving within a short-term uptrend inside an ascending channel that originated from the early July low around 0.0022280.
Short-Term Trend: Bearish / Reversal. Price has recently broken below the lower trendline of the ascending channel. The structure is shifting from higher highs and higher lows to a potential lower-high, lower-low sequence.
Short-Term Trend: Bearish / Reversal. Price has recently broken below the lower trendline of the ascending channel. The structure is shifting from higher highs and higher lows to a potential lower-high, lower-low sequence.
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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.