despite the divergence, the price went down after (together) with the index, but at the moment the asset is weaker relative to the general index, which means it should fall even deeper than the current price.
In the area of 76-72, there is the first serious support, which I also tried to find with the help of Fibonacci.
A sadder ending suggests a decline to the level of 63.4, which I also tried to find (explain) with Fibonacci levels.
https://www.tradingview.com/x/VZwgrMgO/
In the area of 76-72, there is the first serious support, which I also tried to find with the help of Fibonacci.
A sadder ending suggests a decline to the level of 63.4, which I also tried to find (explain) with Fibonacci levels.
https://www.tradingview.com/x/VZwgrMgO/
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.