"Hello traders, let's analyze the current market conditions. Based on our technical analysis, we've identified a potential sell zone around $3260. The price has reached a key resistance level, and indicators suggest a possible reversal.
Key factors contributing to this sell zone include:
- Resistance at $3260
- Overbought conditions on the RSI
- Bearish divergence on the MACD
If the price fails to break above $3260-$3265, it may signal a downturn, targeting $3245-$3240 as the next support level. Let's monitor the price action closely and adjust our strategies accordingly."
Comments your thoughts traders what you thinks about this setup
Key factors contributing to this sell zone include:
- Resistance at $3260
- Overbought conditions on the RSI
- Bearish divergence on the MACD
If the price fails to break above $3260-$3265, it may signal a downturn, targeting $3245-$3240 as the next support level. Let's monitor the price action closely and adjust our strategies accordingly."
Comments your thoughts traders what you thinks about this setup
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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.