05/31/2022 (mm-dd-yy)
TARGET 490
TRIGGER 439
STOP 1 = 416
STOP 2 = 356
Historic:
05/31/2022 (mm-dd-yy)
Fear & Greed Index: 26
Mid-term forecast (1-2 weeks):
If price breaks the 439 resistance, a resumption of a strong uptrend is expected.
Aiming at 490 (1-2 weeks) and (2-4 weeks)
If the support a 439 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 416 or 356 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 356 and 416, starting on 08/23/2021.
This week it can break 439 and is expected to rise to 490 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 439
+ Take Profits:
TP1=490
+ Stop:
Stop1=416
Stop2=356
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
TARGET 490
TRIGGER 439
STOP 1 = 416
STOP 2 = 356
Historic:
05/31/2022 (mm-dd-yy)
Fear & Greed Index: 26
Mid-term forecast (1-2 weeks):
If price breaks the 439 resistance, a resumption of a strong uptrend is expected.
Aiming at 490 (1-2 weeks) and (2-4 weeks)
If the support a 439 breaks, the short-term forecast (resumption of the downtrend) will not be valid.
We will close our open trades if the 416 or 356 level is broken in the medium term.
Technical analysis:
A chanel on the floor forms on the daily chart between 356 and 416, starting on 08/23/2021.
This week it can break 439 and is expected to rise to 490 according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 439
+ Take Profits:
TP1=490
+ Stop:
Stop1=416
Stop2=356
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!