-The price doesn't reach the 50% retracement.
-The price retested the fibo 38% many times, in the way of the 29th july
-It's in an accumulation zone
-The MACD is slowing his bearish movement, the sell volumes are not very strong
-The EMA 20and 50 can be used as support
But we are far away from the EMA 200, and that seems risky
-The price retested the fibo 38% many times, in the way of the 29th july
-It's in an accumulation zone
-The MACD is slowing his bearish movement, the sell volumes are not very strong
-The EMA 20and 50 can be used as support
But we are far away from the EMA 200, and that seems risky
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