Price recently pushed to the upside, but now the market is slowing down, moving sideways.
This is classic reaction after an impulsive move. Buyers are still in control overall, but taking a breather.
A clean break above the upper range would confirm that buyers are ready to continue the trend and push for new highs.
That’s the scenario I’m watching, a bit of back-and-forth, then a breakout to the upside once the market is done consolidating.
This is classic reaction after an impulsive move. Buyers are still in control overall, but taking a breather.
A clean break above the upper range would confirm that buyers are ready to continue the trend and push for new highs.
That’s the scenario I’m watching, a bit of back-and-forth, then a breakout to the upside once the market is done consolidating.
Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
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.
Free Telegram Signals: t.me/addlist/MLJjjTl2V-M1OTc8
👉Get 20% Deposit BONUS - bit.ly/trenddiva
👉Get 20% Deposit BONUS - bit.ly/trenddiva
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.