Bobonovo
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since Aug 9, 2021
fibonacci
indicator
supportandresistance
trendanalysis
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Technically we are in a support zone close to 117$. This area should give a boost to at least the end of the year rally to $163 where trendline resistance awaits. RSI - 29 weekly and 19 daily is very low and the oscillators also need ventilation. After that I expect to see a 78% correction from the rise according to Fibonacci at 107$ level. Then we will wait for...
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I see in the next few days big M with resistance from 50MA. for now we are on good support. RSI with positive deviation on the trend line.
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