If the curve trendline should get cracked then do not worry, there is a pretty clear short-term bounce area.
The mentioned area stays between $90-$100 and the bounce criteria:
1. The Fibonacci retracement 38%
2. The Fibonacci Golden Ratio 62%
3. Previously worked price level, it has worked as a resistance and as a support. Currently, it should act as a support level.
4. Daily EMA100
5. The dotted trendline runs through the support area
6. The psychological number $100
Historically, this area has offered a lot of action. Keep an eye on it!
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
The mentioned area stays between $90-$100 and the bounce criteria:
1. The Fibonacci retracement 38%
2. The Fibonacci Golden Ratio 62%
3. Previously worked price level, it has worked as a resistance and as a support. Currently, it should act as a support level.
4. Daily EMA100
5. The dotted trendline runs through the support area
6. The psychological number $100
Historically, this area has offered a lot of action. Keep an eye on it!
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.