"Multiresisupport"
The current levelhas been serving as support and resistance multiple times beginning May 2023.
As we had our peak in November and lost over 40 % since then we may now build a bottom here and start recovering.
However it is not excluded yet that we may test the quadrupel bottom which we have tested since September 2022 again. In this case we may be stopped out and have to re-enter a bit later at this lower level again.
As we had our peak in November and lost over 40 % since then we may now build a bottom here and start recovering.
However it is not excluded yet that we may test the quadrupel bottom which we have tested since September 2022 again. In this case we may be stopped out and have to re-enter a bit later at this lower level again.
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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.