Hi everyone
Assuming a resumption of the uptrend, the initial resistance of cows in the two-month price range is around $ 2.43. After that, the $ 2.55 price cap will follow
Returning to the $ 2.55 level paves the way for the 2.63 target
Due to the downtrend, the price can now move towards $ 1.94
If the bearish trend continues, the bears could dominate the market by lowering the price to $ 1.88
As the selling pressure continues, the price reduction below 1.83 will invalidate the uptrend scenario
Thankful
Assuming a resumption of the uptrend, the initial resistance of cows in the two-month price range is around $ 2.43. After that, the $ 2.55 price cap will follow
Returning to the $ 2.55 level paves the way for the 2.63 target
Due to the downtrend, the price can now move towards $ 1.94
If the bearish trend continues, the bears could dominate the market by lowering the price to $ 1.88
As the selling pressure continues, the price reduction below 1.83 will invalidate the uptrend scenario
Thankful
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.