Resistance: $1.9
Support: $1.3
Note that negative divergence is seen on daily Stochastic. Hence, be cautious for possible reversal as the price failed to close above resistance 1.89. Should the buying momentum still persist, next target is at $3.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Support: $1.3
Note that negative divergence is seen on daily Stochastic. Hence, be cautious for possible reversal as the price failed to close above resistance 1.89. Should the buying momentum still persist, next target is at $3.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Note
Support 1.3 breached. Expect for more downside movement towards .93Disclaimer
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.