TOTAL2 - Critical Point
Hello Traders!
Looking at the TOTAL2 chart, we are in a critical point, if we get rejected on the upper trendline, we might expect a pullback, or a reversal of the trend.
If you take a look at the daily chart, you can see that there has been a fiercely fight between the bears for almost 3 days on this area, and it seems that the bulls are finally winning, but lets see how it works out.
Looking at the monthly and weekly MACD they have an upward trend, what might help to overcome the 93B critical Market cap.
Hope this information is useful.
Good luck!
Looking at the TOTAL2 chart, we are in a critical point, if we get rejected on the upper trendline, we might expect a pullback, or a reversal of the trend.
If you take a look at the daily chart, you can see that there has been a fiercely fight between the bears for almost 3 days on this area, and it seems that the bulls are finally winning, but lets see how it works out.
Looking at the monthly and weekly MACD they have an upward trend, what might help to overcome the 93B critical Market cap.
Hope this information is useful.
Good luck!