Hi everyone
KEY POINTS on the chart:
4h candles are going to break down the 50 ema
200 ema is our strong support if consider the indicator
our trend line and 52850 are the main support levels of price action
MACD is tending to the negative side for more downward pressure
daily MACD shows some bearish divergence
SO...............................
depends of the price action in next hours we may see a little bounce up before
another pushing the price downward. our main support level if the price closed below
52850 and trend line too, is between 48500$ and 46400$. if not it can bounce up on the trend line
our main resistance levels are 57500 and 61700.
Enjoy the market
KEY POINTS on the chart:
4h candles are going to break down the 50 ema
200 ema is our strong support if consider the indicator
our trend line and 52850 are the main support levels of price action
MACD is tending to the negative side for more downward pressure
daily MACD shows some bearish divergence
SO...............................
depends of the price action in next hours we may see a little bounce up before
another pushing the price downward. our main support level if the price closed below
52850 and trend line too, is between 48500$ and 46400$. if not it can bounce up on the trend line
our main resistance levels are 57500 and 61700.
Enjoy the market
Comentário:
broke the first resistance
Comentário:
Comentário:
we had fake break out so I expect for more declining
