The price has reached the resistance zone and it has already rejected it so we are expecting it to change trend and seek the support zone once again.
There is also a MACD divergence within the resistance zone.
Also, the price was in an overbought position without confirming the rupture so it is the verification of the pullback
Sorry for the absence!
Comment your thoughts
There is also a MACD divergence within the resistance zone.
Also, the price was in an overbought position without confirming the rupture so it is the verification of the pullback
Sorry for the absence!
Comment your thoughts
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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.