The grey trend line seems to well describe last years trend. It is easier to see that on weekly time frame. We could say it works as a support level because every time the price bounces back to a higher level so we can expect this time to happen the same.
At this moment the price is testing lower Keltner Channels band and trying to get above it.
RSI is close to crossing signal line on daily time frame as it already crossed on 4H time frame.
MACD is rising.
ENTRY: 7.24
SL: 6.71
TP: 8.3
At this moment the price is testing lower Keltner Channels band and trying to get above it.
RSI is close to crossing signal line on daily time frame as it already crossed on 4H time frame.
MACD is rising.
ENTRY: 7.24
SL: 6.71
TP: 8.3
💥 Free signals and ideas ➡ t.me/vfinvestment