Bullish Divergences in MACD and AD. Will Bulls be Victorious ?
Bullish Divergences on MACD and Accumulation Distribution. Downward pressure is losing momentum, in the 1hr chart.
The rejection came with that sort of outside candle with decent volume.
The battle is fierce on that 30k level.
Still price is below its 20EMA on the 1hr, and has to break the downward trend to make a long run.
There is a possibility for a further downward correction, but for now there is a likelihood of a nice clean bounce to the upside.
Just imagine the amount of stop orders sitting below that resistance. If it breaks below, then those orders will be forced to sell, and drag price down to the lower 20kish range.
We'll see.
PS. Just an opinion, trade carefully, and do your research, don't get too excited or to depressed, keep it cool. Educate your self. Best of Best :)
A LIKE would be extremely and massively appreciated. Thanks in advance.
The rejection came with that sort of outside candle with decent volume.
The battle is fierce on that 30k level.
Still price is below its 20EMA on the 1hr, and has to break the downward trend to make a long run.
There is a possibility for a further downward correction, but for now there is a likelihood of a nice clean bounce to the upside.
Just imagine the amount of stop orders sitting below that resistance. If it breaks below, then those orders will be forced to sell, and drag price down to the lower 20kish range.
We'll see.
PS. Just an opinion, trade carefully, and do your research, don't get too excited or to depressed, keep it cool. Educate your self. Best of Best :)
A LIKE would be extremely and massively appreciated. Thanks in advance.
Catatan
Just FLY come on....Catatan
replace the word resistance by support...
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
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“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.