Support: the price where we are upon posting this idea and lower support at 8568.
Resistance: 9076 which can become support, 9733 and 9907.
The 2h (support on the cloud):
The 4h (support on the cherry line and the 50 day MA):
Resistance: 9076 which can become support, 9733 and 9907.
The 2h (support on the cloud):
The 4h (support on the cherry line and the 50 day MA):
Note
- channel broke downwards- support and resistance lines still hold
- it seems/looks like a new channel has formed:
Note
no more channels for now, look for the support white lines and for the blue trend line:Note
Update:Note
blue channel ded, next support at 9420.Note
that was 8420*Note
we found it at 8220 eventually, I will start a new idea from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.