Still a bit early but here you can see the red arrows showing the downtrend limited to the upside by the moving average.
The latest trend delimited by the orange line is not as sudden as the last ones which indicates to it no longer being a retrace in price (show by red arrows) but a reversal in the current trend.
Looking for a push back above the moving average into the 4$ region
The latest trend delimited by the orange line is not as sudden as the last ones which indicates to it no longer being a retrace in price (show by red arrows) but a reversal in the current trend.
Looking for a push back above the moving average into the 4$ region
Note
Note
Refusal of the push above the MA accompanied with the breakdown of trend line looks grim short term. Back to short as bears keep the control at this critical pointOrder cancelled
beras taking the cake, back to short for nowNote
bears*
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Related publications
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.