Broke the bearish channel
Hey,
There's a good chance that the trend of this pair changed last week and here's why:
- Broke above the bearish channel that it was on since the beginning of May.
- Daily MACD already made a bullish cross.
- Great RSI momentum.
- Plenty of room to grow until it reaches a major resistance at around 0.675.
I'm looking for a chance to buy this pair and i'll if it goes for a channel retest. It's a bit low, so i'm not sure it's getting that far. I'll update the idea if i find another entry during the week.
Cheers
There's a good chance that the trend of this pair changed last week and here's why:
- Broke above the bearish channel that it was on since the beginning of May.
- Daily MACD already made a bullish cross.
- Great RSI momentum.
- Plenty of room to grow until it reaches a major resistance at around 0.675.
I'm looking for a chance to buy this pair and i'll if it goes for a channel retest. It's a bit low, so i'm not sure it's getting that far. I'll update the idea if i find another entry during the week.
Cheers
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.