Weekly Chart Explanation:
- Price was on a Descending Channel since April 18'.
- Price bounced on the Support Zone and broke it.
- Bullish Divergence on MACD.
- Price is on a Corrective Structure before starting its up move.
- If price breaks it, there is potential to move up towards the Resistances Zones.
Updates coming soon!
- Price was on a Descending Channel since April 18'.
- Price bounced on the Support Zone and broke it.
- Bullish Divergence on MACD.
- Price is on a Corrective Structure before starting its up move.
- If price breaks it, there is potential to move up towards the Resistances Zones.
Updates coming soon!