Historic:
08/27/2021 (dd-mm-yy)
Fear & Greed Index: 39
Mid-term forecast (2-4 weeks):
If price breaks the 208.80 resistance, a resumption of a strong uptrend is expected.
Aiming at 222.07 (2-3 weeks) and 280.61 (3-4 weeks).
If the support at 187.63 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 187 or 122.16 level is broken in the medium term.
Technical analysis:
A CUP forms on the daily chart between 200 and 121, starting on april 01, 2019.
This week in August 27, 2021 it can break 208.80 and is expected to rise to 222.07 and 280.61 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 208.80
+ Take Profits:
TP1=222.07
TP2=280.61
+ Stop:
Stop1=187.63
Stop2=122.16
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08/27/2021 (dd-mm-yy)
Fear & Greed Index: 39
Mid-term forecast (2-4 weeks):
If price breaks the 208.80 resistance, a resumption of a strong uptrend is expected.
Aiming at 222.07 (2-3 weeks) and 280.61 (3-4 weeks).
If the support at 187.63 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 187 or 122.16 level is broken in the medium term.
Technical analysis:
A CUP forms on the daily chart between 200 and 121, starting on april 01, 2019.
This week in August 27, 2021 it can break 208.80 and is expected to rise to 222.07 and 280.61 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 208.80
+ Take Profits:
TP1=222.07
TP2=280.61
+ Stop:
Stop1=187.63
Stop2=122.16
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!