05/20/2022 (mm-dd-yy)
TARGET 25016
TRIGGER 28626
STOP 1 = 2%
Historic:
05/24/2022 (mm-dd-yy)
Fear & Greed Index: 29
Mid-term forecast (1-2 weeks):
If price breaks the 28626.31 suport, a resumption of a strong downtrend is expected.
Aiming at 25016.18 (1-2 weeks)
If the support a 30462 breaks, the short-term forecast (resumption of the uptrend) will not be valid.
We will close our open trades if the 2% level is broken in the medium term.
Technical analysis:
A "bearish triangle" on the daily chart between 28626 and 32373, starting on 05/11/2022.
This week it can break 28626 and is expected to fall to 25016 and according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 28626
+ Take Profits:
TP1=25016
+ Stop:
Stop1= 2%
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TARGET 25016
TRIGGER 28626
STOP 1 = 2%
Historic:
05/24/2022 (mm-dd-yy)
Fear & Greed Index: 29
Mid-term forecast (1-2 weeks):
If price breaks the 28626.31 suport, a resumption of a strong downtrend is expected.
Aiming at 25016.18 (1-2 weeks)
If the support a 30462 breaks, the short-term forecast (resumption of the uptrend) will not be valid.
We will close our open trades if the 2% level is broken in the medium term.
Technical analysis:
A "bearish triangle" on the daily chart between 28626 and 32373, starting on 05/11/2022.
This week it can break 28626 and is expected to fall to 25016 and according to technical analysis and confirmation of the pattern.
+ Trigger:
Trigger1= 28626
+ Take Profits:
TP1=25016
+ Stop:
Stop1= 2%
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!