Timeframe: Daily
Price has been moving in a falling channel for months
Every time it touched the upper trendline, sellers became aggressive ๐ก
Every time it hit the lower trendline, buyers stepped in with confidence ๐
A strong bullish reversal right at the support line โ and volume exploded.
This is the first sign that buyers are gaining strength again.
Price has been moving in a falling channel for months
Every time it touched the upper trendline, sellers became aggressive ๐ก
Every time it hit the lower trendline, buyers stepped in with confidence ๐
A strong bullish reversal right at the support line โ and volume exploded.
This is the first sign that buyers are gaining strength again.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
