I see 4 points, connecting to areas of divergence. If you are not aware of what divergence is, divergence is when price moves contrary to technical indicators, such as oscillators, or other data, when the price of an asset moves in the opposite direction. I personally use divergence as a form of an oncoming reversal. If you know how to use the BBMA strategy, it is a great help to have an idea when the market change will happen. I also use that strategy as well along with this for confluence. From this analysis, I think price will reach 21.3852. I am already shorting this.
DISCLAIMER: I AM NOT A FINANCIAL ADVISOR. I AM JUST SHARING MY ANALYSIS AND THOUGHTS.
DISCLAIMER: I AM NOT A FINANCIAL ADVISOR. I AM JUST SHARING MY ANALYSIS AND THOUGHTS.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.