Dear my friends,
Observe the 1-hour chart of Moondeng: after spectacular price breakouts, when hitting strong resistance on the daily timeframe, the price begins to correct. I checked the RSI, and indeed, there’s a strong divergence here. The RSI is almost absolutely overbought. I tried drawing Fibonacci levels to identify potential retracement points. I decided to wait for a buyback at the 0.98 and 0.86 zones. Let’s see if my prediction is as accurate as it was with Virtual.
Best Regards,
Observe the 1-hour chart of Moondeng: after spectacular price breakouts, when hitting strong resistance on the daily timeframe, the price begins to correct. I checked the RSI, and indeed, there’s a strong divergence here. The RSI is almost absolutely overbought. I tried drawing Fibonacci levels to identify potential retracement points. I decided to wait for a buyback at the 0.98 and 0.86 zones. Let’s see if my prediction is as accurate as it was with Virtual.
Best Regards,
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.
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.