Hello friends
By checking the chart in:
Monthly time frame:
- Although the price broke the very strong resistance level, it came back with a strong move
- Stoch RSI; In the range of 80
- RSI; Above 50, and range
- MACD; In range, and divergence
Weekly time frame:
- A bearish candle with a long shadow closed above.
And then last week we saw a candlestick with a price range move
- Stoch RSI; About 80, and range
- RSI; Above 50 and range
- MACD; in range, and divergent
Daily time frame:
- The price is in a range at a strong resistance level
The price broke the bottom of the ascending channel, and then a pullback has formed
- Stoch RSI; Below 50
- RSI; Above 50, and tend to decrease
- MACD; Tendency to decrease
4H time frame:
- The price has formed strong bearish candles at the resistance level
- Stoch RSI; decrease
- RSI; Above 50 and decreasing
- MACD; decrease
In smaller time frames, in addition to the formation of a wedge, there is a tendency to rise
* I think in the next week, the price with an upward movement and contact with resistance,
It takes a decreasing trend
Be profitable
Thank you for expressing your opinion with likes and comments
By checking the chart in:
Monthly time frame:
- Although the price broke the very strong resistance level, it came back with a strong move
- Stoch RSI; In the range of 80
- RSI; Above 50, and range
- MACD; In range, and divergence
Weekly time frame:
- A bearish candle with a long shadow closed above.
And then last week we saw a candlestick with a price range move
- Stoch RSI; About 80, and range
- RSI; Above 50 and range
- MACD; in range, and divergent
Daily time frame:
- The price is in a range at a strong resistance level
The price broke the bottom of the ascending channel, and then a pullback has formed
- Stoch RSI; Below 50
- RSI; Above 50, and tend to decrease
- MACD; Tendency to decrease
4H time frame:
- The price has formed strong bearish candles at the resistance level
- Stoch RSI; decrease
- RSI; Above 50 and decreasing
- MACD; decrease
In smaller time frames, in addition to the formation of a wedge, there is a tendency to rise
* I think in the next week, the price with an upward movement and contact with resistance,
It takes a decreasing trend
Be profitable
Thank you for expressing your opinion with likes and comments