CORE looks poised for a potential rally. After the sharp October 10 sell-off, price staged an Automatic Rally (AR) before pulling back, now potentially sweeping the October 10 lows. The December 1 candle managed to close back within the prior range on what appears to be capitulative volume a constructive sign.
The immediate focus is the monthly pivot. A decisive close above this level, followed by a sequence of higher lows, would strongly suggest that the bottom is in place. From there, the next key resistance sits around $0.26.
One step at a time: first reclaim the pivot, then build structure above it.
The immediate focus is the monthly pivot. A decisive close above this level, followed by a sequence of higher lows, would strongly suggest that the bottom is in place. From there, the next key resistance sits around $0.26.
One step at a time: first reclaim the pivot, then build structure above it.
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
