Go through the analysis carefully.
1. Resistance and Support Zones:
The chart highlights key resistance and support zones.
The price has reacted multiple times to these levels.
2. Downtrend Line:
A downward trendline is present, acting as resistance.
Price has tested this trendline multiple times and failed to break above it.
3. Current Price Action:
The price is approaching a resistance zone near $3,028.
If it fails to break above, a downward move is expected towards the support zone around $3,010-$3,015.
If it breaks above, it may target higher resistance levels around $3,044 or above.
4. Expected Movement:
The chart suggests a possible rejection from the resistance zone, leading to a bearish move.
Alternatively, a breakout above resistance could lead to a bullish move.
what are your thoughts about my analysis?
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1. Resistance and Support Zones:
The chart highlights key resistance and support zones.
The price has reacted multiple times to these levels.
2. Downtrend Line:
A downward trendline is present, acting as resistance.
Price has tested this trendline multiple times and failed to break above it.
3. Current Price Action:
The price is approaching a resistance zone near $3,028.
If it fails to break above, a downward move is expected towards the support zone around $3,010-$3,015.
If it breaks above, it may target higher resistance levels around $3,044 or above.
4. Expected Movement:
The chart suggests a possible rejection from the resistance zone, leading to a bearish move.
Alternatively, a breakout above resistance could lead to a bullish move.
what are your thoughts about my analysis?
support us by liking, following and sharing the post.
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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。