This technical analysis sounds promising! Here's a breakdown:
Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point.
Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of the support level's validity.
Together, these pattern suggests a potential reversal:
The price might be bouncing off the support, indicating a possible upswing.
Support Line Test: The price reached a level (support line) where previous buying pressure halted the decline. This suggests demand for the asset at that price point.
Retest of Support: The price dipped back towards the support line but didn't break through. This retest can be seen as a confirmation of the support level's validity.
Together, these pattern suggests a potential reversal:
The price might be bouncing off the support, indicating a possible upswing.
ノート
tp 1 tappedノート
although it bounced back price kept following the direction.
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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。