I believe it'll still be a sell.. and maybe a quick buy when it hits that red zone which is a previous support. Lets see if my analysis will be correct.
Based on previous movements it looks like it will approach a resistance zone maybe sometime next week. I expect price to drop at that point. we will see.
Price is currently at a strong resistance zone so it might bounce back up towards the green line. I'm going to keep a close eye because according to higher TF's it's a downtrend so it can go either way right now.
I'm expecting price to hit that target zone and possibly drop. It is approaching an overbought zone based on the RSI. I think it's just a little pullback then it will continue the overall uptrend. LMK thoughts !
Right now it's looking like a short sell. It just hit a strong resistance that it has not been able to break. I'm expecting price to currently drop towards the 50MA entry point. If it passes under the 50MA and trend line then I'll expect it to continue to drop. Or this might be a retracement and it'll continue the overall uptrend it has had. We shall see. LMK...
Price is located at the top of the trend lines on the H1 and H4. The patterns show that price has not been able to break that white trend line so this can indicate a possible short sell. If it breaks that white trend line it can be a possible buy.
Right now price broke and closed below the 50MA on the 30MA. If price closes below 50MA on H1 im looking for a sell....
Price is located at the top of the trend lines on the H1 and H4. The patterns show that price has not been able to break that white trend line so this can indicate a possible short sell. If it breaks that white trend line it can be a possible buy.
Right now price broke and closed below the 50MA on the 30MA. If price closes below 50MA on H1 im looking for a sell....
I believe it's a sell because if you take a look at all time frames it is below the 50MA. It also broke the downtrend line and it's below the 50MA and 200ma on the H4.
