Laquisha

NCASH - Support and Resistance channel forming

Following on from the last publication, the H&S trend reversal was rejected and the price is consolidating between two clearly defined support and resistance lines, with the RSI also showing a support level. Long wicks on the support level indicate a failed attempt at price reduction, however diminishing volume is witnessed, an increase in volume is required to substantiate a breakout of the resistance level.

Will update once a clear breakout has occurred in either direction.
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.