Time Frame: 4H
Sentiment: Overbought
Forecast: Bullish
Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
if it can break the resistant level 0.56-0.57, expecting the next level reaching 0.8
I'm expecting this time will be a real breakout.
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like my works? Please hit the Like, Follow and Share or tip me a coin :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
Sentiment: Overbought
Forecast: Bullish
Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
if it can break the resistant level 0.56-0.57, expecting the next level reaching 0.8
I'm expecting this time will be a real breakout.
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like my works? Please hit the Like, Follow and Share or tip me a coin :)
Thanks!
Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
Trade active
Today is a boom after 6 weeks of waiting!Good luck to all who have holding it :)
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.