1. Minor variations in values of pricing levels.
2. Prices now are still fluctuating in the correction zone between $108.6x and $104.6x.
3. RSI shows that the bulls are active when the market starts. First uptrend confirmed if the price exceed the first resistant line (first target) above $108.6x and break the major trend line as well.
4. Breaking the $111.1x line (second target) means that prices will continue the journey successfully to the 161.8% level (third target).
5. At the 161.8% level, the battle will start between bulls and bears as this level is a strong resistant line by default.
6. Penetrating the 161.8% level means the third target @ $115.xx achieved and the prices comfortably will pass to hit the main target @ 261.8% level reaching around $125.5x.
7. Condition to fulfill $125.5x price requires a long-term investment traders while prior targets are suitable for short-term traders.
8. For short-term traders, entry points are the boundary lines between targets in the resistant (red) zone if the gradual uptrend explained in previous notes move normally.
9. Achieving the $125.5x price may occurs by the end of the day (optimistic) or probably at the start trading of the next day if prices will close at level above $115.xx.
Tools used are Fib pattern, ZigZag ++, BB indicator, and RSI indicator.
2. Prices now are still fluctuating in the correction zone between $108.6x and $104.6x.
3. RSI shows that the bulls are active when the market starts. First uptrend confirmed if the price exceed the first resistant line (first target) above $108.6x and break the major trend line as well.
4. Breaking the $111.1x line (second target) means that prices will continue the journey successfully to the 161.8% level (third target).
5. At the 161.8% level, the battle will start between bulls and bears as this level is a strong resistant line by default.
6. Penetrating the 161.8% level means the third target @ $115.xx achieved and the prices comfortably will pass to hit the main target @ 261.8% level reaching around $125.5x.
7. Condition to fulfill $125.5x price requires a long-term investment traders while prior targets are suitable for short-term traders.
8. For short-term traders, entry points are the boundary lines between targets in the resistant (red) zone if the gradual uptrend explained in previous notes move normally.
9. Achieving the $125.5x price may occurs by the end of the day (optimistic) or probably at the start trading of the next day if prices will close at level above $115.xx.
Tools used are Fib pattern, ZigZag ++, BB indicator, and RSI indicator.
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。