After a downward breakout on the support, the price went to the lowest lower of 1.67. However, buyers went strong and rise the price.
During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area.
This area was crossed and ended with a doji, and a day after the price opened above almost 5%.
We can see the strenght of ADX increasing as well as DMI+, and the opposite for DMI- that is decreasing.
We can also see that after the breakout, the price comes again to a 10-EMA, that was the top of the congestion area.
The volume increased a lot during the breakout of the congestion area.
During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area.
This area was crossed and ended with a doji, and a day after the price opened above almost 5%.
We can see the strenght of ADX increasing as well as DMI+, and the opposite for DMI- that is decreasing.
We can also see that after the breakout, the price comes again to a 10-EMA, that was the top of the congestion area.
The volume increased a lot during the breakout of the congestion area.
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Follow the social network, free telegram link: t.me/afcapital21
Instagram: afcapital
Instagram: afcapital
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。