FREE XCAD ANALYSIS
From bearish to bullish
- Yello, ladies and gentlemen !
We had a nice break above the descending channel. Then we had a critical support formed at $3.29. Will it hold and we'll see a major upside swing?
Well, based on the price action, we can see HH and HL pattern. The $3.29 zone was respected for three consecutive times. This is a strong indication of a bullish tendency.
MCP team is closely watching this pair for a potentially long-term buying opportunity. As long as support holds, the perfect entry point should be there in the coming days.
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