important support 2379
if break will target 3 next support which is 2334, 2319, 2303
add 2-3$ if you want to use it as TP, for example 2337, 2322, 2306
while resistance only 1 which is 2420, if 2420 break next 2434 (quite logical since it 100$ difference with 2334)
but I will see if 2434 possible as bull trap or not later
next I will focus on weekly target first
if break will target 3 next support which is 2334, 2319, 2303
add 2-3$ if you want to use it as TP, for example 2337, 2322, 2306
while resistance only 1 which is 2420, if 2420 break next 2434 (quite logical since it 100$ difference with 2334)
but I will see if 2434 possible as bull trap or not later
next I will focus on weekly target first
Note
based on daily chart price ready to break MA20 and MA 55but weekly? very hard to break MA55 for now which make 2420 become strong support later
also we will see a bullish divergence later under 2240 with first retrace up target 2272 and 2288 or 2303
Note
weekly extension fibo 1next target 2330 and 2230
with 2400 play resistance fibo
Note
weekly fibo extension 22410 as resistance with 2334, 2265 and 2210 as next support
Note
very good fibo extension now we got a lot of supportNote
2420 reteat doneNote
No change to plan waiting 2434 as bull trap or not Or
Waiting 2379 support broken
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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.