Hello traders, i hope you're doing well.
Recently, the price broke above the $0.71 area, breaching several lower highs and key structural zones. Currently, the price has rejected the trendline within the channel that has been forming over the past few weeks.
I anticipate a potential correction towards the $0.55-$0.59 area before a possible retest of December high. This zone aligns with a strong support level, the 0.618 Fibonacci retracement, and the lower boundary of the channel.
If the price retrace to this area, there is a high probability of a bullish rebound.
Trade safely and manage your risk.
Recently, the price broke above the $0.71 area, breaching several lower highs and key structural zones. Currently, the price has rejected the trendline within the channel that has been forming over the past few weeks.
I anticipate a potential correction towards the $0.55-$0.59 area before a possible retest of December high. This zone aligns with a strong support level, the 0.618 Fibonacci retracement, and the lower boundary of the channel.
If the price retrace to this area, there is a high probability of a bullish rebound.
Trade safely and manage your risk.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。