NCASH WAR BETWEEN BEARS AND BULLS
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Currently going through a downtrend, but with the doji and inverted hammer spotted--two consecutive strong signs of indecision--a reversal may be on it's way.
If this current candle either:
1)closes above the downtrend line
OR
2)closes above the opening of the last candle
I'm bullish--can see 410-420 range in sight.
If it doesn't, be prepared to see a continuation down to 355, and potentially 340.
If this current candle either:
1)closes above the downtrend line
OR
2)closes above the opening of the last candle
I'm bullish--can see 410-420 range in sight.
If it doesn't, be prepared to see a continuation down to 355, and potentially 340.
Note
Inverted hammer spotted at the 03:00 candle while once again poking past the line. Potential bull run incoming?Transaction en cours
Bears still putting up a fight, it's running nearly perfectly down in accordance with the line.Might make one last run down to 355 before downtrend is broken.
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