05/31/2022 (mm-dd-yy)
TARGET 490
TRIGGER 439
STOP 1 = 416
STOP 2 = 356
Historic:
05/31/2022 (mm-dd-yy)
Fear & Greed Index: 26
Mid-term forecast (1-2 weeks):
If price breaks the 439 resistance, a resumption of a strong uptrend is expected.
Aiming at 490 (1-2 weeks) and (2-4 weeks)
If the support a 439 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 416 or 356 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 356 and 416, starting on 08/23/2021.
This week it can break 439 and is expected to rise to 490 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 439
+ Take Profits:
TP1=490
+ Stop:
Stop1=416
Stop2=356
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TARGET 490
TRIGGER 439
STOP 1 = 416
STOP 2 = 356
Historic:
05/31/2022 (mm-dd-yy)
Fear & Greed Index: 26
Mid-term forecast (1-2 weeks):
If price breaks the 439 resistance, a resumption of a strong uptrend is expected.
Aiming at 490 (1-2 weeks) and (2-4 weeks)
If the support a 439 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 416 or 356 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 356 and 416, starting on 08/23/2021.
This week it can break 439 and is expected to rise to 490 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 439
+ Take Profits:
TP1=490
+ Stop:
Stop1=416
Stop2=356
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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.