Time Frame: 4H Sentiment: Overbought Forecast: Bullish
We can see a strong support and buying momentum around 0.34-0.36, selling power is weak.
Bar price action and the volume, showing buyers' power increase.
expecting it can break the resistant level 0.375 and hit 0.41+
Write your thought in the comment session :)
P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like my works? Please hit the Like, Follow and Share or tip me a coin :)
Thanks!
Disclaimer This information only serves as study references, does not constitute a buy or sell call.
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.