VYNE, going upward after a congestion area
تم تحديثه
After a downward breakout on the support, the price went to the lowest lower of 1.67. However, buyers went strong and rise the price.
During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area.
This area was crossed and ended with a doji, and a day after the price opened above almost 5%.
We can see the strenght of ADX increasing as well as DMI+, and the opposite for DMI- that is decreasing.
We can also see that after the breakout, the price comes again to a 10-EMA, that was the top of the congestion area.
The volume increased a lot during the breakout of the congestion area.
During almost 1 month, the price was in a congestion area, and sellers try again to break the support, and they failed with strongers buyers, making a three white soldiers, and crossing the congestion area.
This area was crossed and ended with a doji, and a day after the price opened above almost 5%.
We can see the strenght of ADX increasing as well as DMI+, and the opposite for DMI- that is decreasing.
We can also see that after the breakout, the price comes again to a 10-EMA, that was the top of the congestion area.
The volume increased a lot during the breakout of the congestion area.
ملاحظة
Follow the social network, free telegram link: t.me/afcapital21
Instagram: afcapital
Instagram: afcapital
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.