The price range of $0.9953 is very important for us. In this range, important orders have been set, and to continue the downward trend, these orders must be consumed completely.
Currently, we have a positive RSI divergence in the four-hour chart, and the possibility of forming and completing a double bottom pattern at the end of the downward trend. On the other hand, in the 30-minute time frame, we have the negative divergence of the RSI, according to which, the possibility of the price falling to the white range of $0.7858 is high.
Keep in mind that if the current trend is lower than the price range of 0.7532 rials, the above view will expire.
We would be happy to hear your comments
Trade active
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Trade active
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exactly according to the analysis (: It moved from the second range, unfortunately our entry point was not activated at the price of $0.7668!!! We wanted to move more efficiently, but we got stuck!