Hi again
There is a possibility that the price can raise itself up to the yellow area, $0.00414!
1) We must not forget that the price range of $0.00358 in the daily time frame has been engulfed!
2) On the other hand, RSI has a positive divergence in the daily time frame!
3) Currently, in the one-hour time frame, the price inside a pattern is a triangle!
Do you think the downward trend line will break upwards!!?!!
I believe that according to the drawn scenario, we will have a downward trend up to the range of $0.00341, and if the price does not fall below the yellow range ($0.00319), there is a possibility of completing a wedge at the end of the descending channel.
There is a possibility that the price can raise itself up to the yellow area, $0.00414!
1) We must not forget that the price range of $0.00358 in the daily time frame has been engulfed!
2) On the other hand, RSI has a positive divergence in the daily time frame!
3) Currently, in the one-hour time frame, the price inside a pattern is a triangle!
Do you think the downward trend line will break upwards!!?!!
I believe that according to the drawn scenario, we will have a downward trend up to the range of $0.00341, and if the price does not fall below the yellow range ($0.00319), there is a possibility of completing a wedge at the end of the descending channel.
Trade active:
It should be noted that the $0.00398 price range has not been consumed in the upward trend!!!
The uptrend line has been broken, it is possible that the price will not return to the yellow zone ($0.00414).
The uptrend line has been broken, it is possible that the price will not return to the yellow zone ($0.00414).
Trade closed: target reached:
Today's meeting was very important and considering the current conditions, the probability that the rate will be announced higher than expected was high (of course, I did not expect this number.)
And finally, our sales transactions are profitable.
And finally, our sales transactions are profitable.
Trade closed: target reached:
The price trend reached the range we specified last week (:
To be successful, we just need to be a little more patient than others.
If the trend does not go below the price range of $0.00306, the probability of completing the bearish wedge pattern at the end of the bearish trend increases, and in this case we can expect the formation of an upward trend.
To be successful, we just need to be a little more patient than others.
If the trend does not go below the price range of $0.00306, the probability of completing the bearish wedge pattern at the end of the bearish trend increases, and in this case we can expect the formation of an upward trend.