Remember those bullish charts I show you? A support level is challenged and breaks down. There is some action below support and then immediately we see a recovery. When the action moves back above support, this is super bullish.
Here we have the same scenario but in reverse.
SUIUSDT challenged and conquered the March 2024 resistance line. It moved above resistance but quickly moved back below it. When the action moves back below resistance, this is super bearish. So we are left we are bearish chart.
The resistance on this chart is marked with a purple line.
Trading volume works as confirmation for this bearish signal as well as marketwide action.
Thank you for reading.
Namaste.
Here we have the same scenario but in reverse.
SUIUSDT challenged and conquered the March 2024 resistance line. It moved above resistance but quickly moved back below it. When the action moves back below resistance, this is super bearish. So we are left we are bearish chart.
The resistance on this chart is marked with a purple line.
Trading volume works as confirmation for this bearish signal as well as marketwide action.
Thank you for reading.
Namaste.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。