The long-term downtrend line of the RSI has broken upwards on the weekly time frame. Do you think this trend can be considered a pullback to the broken level with a positive divergence?
Do you think we should react to the midline of the long-term descending channel from here?
Of course, there is still a high probability of seeing the $13,000 range, but what if we have an advance and again a downward trend!?!?
We would be happy to hear your comments
Do you think we should react to the midline of the long-term descending channel from here?
Of course, there is still a high probability of seeing the $13,000 range, but what if we have an advance and again a downward trend!?!?
We would be happy to hear your comments
Trade active:
For now, according to the analysis, we had a positive reaction to the middle line of the channel.
It seems that the possibility of advancing to the $20,800 range is not so unlikely.
Of course, it should be seen whether it is possible to cross the range of $18,200 or we will have a change in this range.
It seems that the possibility of advancing to the $20,800 range is not so unlikely.
Of course, it should be seen whether it is possible to cross the range of $18,200 or we will have a change in this range.
Trade active:
According to the analysis, an increasing trend of 38% was formed from the pullback to the downward trend line.
The descending channel has been broken to the top
The descending channel has been broken to the top