Chart is with 4 hour candles. So far 2 full candle bodies have closed above the red line. If the red line will act as support then it's going to go off. I'm expecting a pullback from this level but it could be very explosive in either direction.
I'm expecting the bull market to play out on a longer time frame... like the next 8-12 months. So it would be expected to have some pullback to make a much larger move later in the cycle. That being said I can't really ignore this trading level.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.