Near Cup and Handle breakout. last few days have witnessed good volumes.
Technical analysis: . KYBERNETWORK/DOLLAR is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 57. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . We...
Technical analysis: . KYBERNETWORK/DOLLAR is in a downtrend and resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 32. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (1.4325 to 0.7844). if so, traders can set orders based on...