Ascending Support Trendline:
The orange trendline is acting as dynamic support, showing higher lows.
RSI Trendline Breakout (Bullish Signal 📈)
The RSI downtrend has been broken (green circle), signaling potential momentum shift.
RSI moving upward suggests buying pressure is increasing.
RSI breakout + resistance test = bullish momentum building!
Watch for a daily close above $2,750 for confirmation. 🚀
Do you have a specific trade plan for this setup? 🤔
The orange trendline is acting as dynamic support, showing higher lows.
RSI Trendline Breakout (Bullish Signal 📈)
The RSI downtrend has been broken (green circle), signaling potential momentum shift.
RSI moving upward suggests buying pressure is increasing.
RSI breakout + resistance test = bullish momentum building!
Watch for a daily close above $2,750 for confirmation. 🚀
Do you have a specific trade plan for this setup? 🤔
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.
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.