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CARBON PRICE Long: Technical Target $228 - Powerful Uptrend

SUMMARY: Long, Carbon price is in a powerful uptrend, technical target is $228.
The price is above the 20 EMA and Gaussian Channel. - very bullish.
Recently broke upwards out of a falling wedge and the MACD just turned green for bullish moment.
As the price of Gas and Oil continue to increase, so will the price of Carbon Credits, there is a positive correlations.
Also, within the EU their is incentive to increase the tax on CO2 to force power generation the change to renewal technologies sooner.
The price is above the 20 EMA and Gaussian Channel. - very bullish.
Recently broke upwards out of a falling wedge and the MACD just turned green for bullish moment.
As the price of Gas and Oil continue to increase, so will the price of Carbon Credits, there is a positive correlations.
Also, within the EU their is incentive to increase the tax on CO2 to force power generation the change to renewal technologies sooner.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.