CO2
# Price ranging from Macro up trending channel and reached and surpassed the previous all time high. Touched the diagonal channel resistance and formed a double top (M).
# Price broke and retested micro diagonal up trendline. (A).
# RSI: Price makes double top and RSI makes lower highs ...This is Exaugurated bearish Divergence . As we can see from previous tops, when CO2 price goes over oversold position it comes back to lower resistance line B and then moves back up .
# MACD: Histogram is down trending while macd makes Exaugurated bearish divergence.
% If price breakdown the red resistance line ( $1.62) and then the neckline of "M" , then the price target would be $1.49 which will be the place I will be entering my long position . Will be placing entry postions ranging from $149 - $1.45 for wicking. $1.49 also is the 50% FIB retracement.
# Price broke and retested micro diagonal up trendline. (A).
# RSI: Price makes double top and RSI makes lower highs ...This is Exaugurated bearish Divergence . As we can see from previous tops, when CO2 price goes over oversold position it comes back to lower resistance line B and then moves back up .
# MACD: Histogram is down trending while macd makes Exaugurated bearish divergence.
% If price breakdown the red resistance line ( $1.62) and then the neckline of "M" , then the price target would be $1.49 which will be the place I will be entering my long position . Will be placing entry postions ranging from $149 - $1.45 for wicking. $1.49 also is the 50% FIB retracement.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.