Hi,
Firstly I'd like to say happy new year!!
If you're reading then we're counting down together here on Trading view :P
I wish you all the moon year ahead <3
May 2022 Brings you delight, health and happiness in all your endeavors.
.
Back to the topic,
I'd like to point out possible resistance that may be the next target of this upward movement
See the green line resistance..... then watch out around 49780
This line when u view it in linear u'll see the candlesticks straight up along it
(not in log view) ..may be this matters
.
In my view this movement is just a rebound /RSI oversold correction
so it can continue move down again according to many theories u can find here on TV.
.
Trade safe, always place your stop loss
Feel free to feedback + comment
.
Thx
Mil
Firstly I'd like to say happy new year!!
If you're reading then we're counting down together here on Trading view :P
I wish you all the moon year ahead <3
May 2022 Brings you delight, health and happiness in all your endeavors.
.
Back to the topic,
I'd like to point out possible resistance that may be the next target of this upward movement
See the green line resistance..... then watch out around 49780
This line when u view it in linear u'll see the candlesticks straight up along it
(not in log view) ..may be this matters
.
In my view this movement is just a rebound /RSI oversold correction
so it can continue move down again according to many theories u can find here on TV.
.
Trade safe, always place your stop loss
Feel free to feedback + comment
.
Thx
Mil
Trade closed: stop reached
