Type : Bullish Bounce
Resistance : 2593
Pivot: 2496
Support : 2449
Preferred case: Price is abiding by the ascending trendline. We see the potential for bullish bounce from our Pivot level at 2661 in line 61.8% Fibonacci projection towards our 1st Resistance at 2593 in line with 50% Fibonacci retracement. Our bullish bias is further supported by RSI indicator showing price moving along the ascending trendline.
Alternative scenario: If price continues to drop, it can potentially move towards our 1st Support level at 2449 which is in line with 78.6% Fibonacci projection.
Fundamentals: No Major News.
Resistance : 2593
Pivot: 2496
Support : 2449
Preferred case: Price is abiding by the ascending trendline. We see the potential for bullish bounce from our Pivot level at 2661 in line 61.8% Fibonacci projection towards our 1st Resistance at 2593 in line with 50% Fibonacci retracement. Our bullish bias is further supported by RSI indicator showing price moving along the ascending trendline.
Alternative scenario: If price continues to drop, it can potentially move towards our 1st Support level at 2449 which is in line with 78.6% Fibonacci projection.
Fundamentals: No Major News.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.