In this time frame, the price is moving in an upward trend line, and after failing to cross the support range of $1657, it entered the upward phase, and after crossing the range of $1714, it hit the resistance range of $1450 and was rejected and entered. Modified phase and pattern formation Bullish pennant which is a kind of continuing alcove. And we expect it to go up to the range of $1783. Otherwise, with a high sales volume and crossing the support range of $1714, we will see a drop to the 0.5 and 0.618 Fibonacci ranges.
Resistance range: 1750-1783-1810
Support range: 1714-1703 1692
GOODLOCK
SANAM
Resistance range: 1750-1783-1810
Support range: 1714-1703 1692
GOODLOCK
SANAM
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.