The MACD is positive and hovering above its moving average.
36723 is our pivot
Foreseeable scenario: as long as the support at 36723 holds, the bullish scenario will prevail.
Alternative scenario: A collapse of 36723 would result in a decline towards 34741
Analysis: The RSI hovers above the 50-point equilibrium line. The MACD is positive and hovering above its moving average. The setting is positive. Observe that the volumes have been on the rise for a few days.
Supports and resistance:
41434 **
40693 *
39953 **
39213
37705 (last trade)
37211
36723 **
35481 *
34741 **
Log in to Publish0x:
https://www.publish0x.com/?a=oQeZ4DR6bp
Follow me on Telegram for more details during the day: https://t.me/joinchat/_J8vQO5jNPBlYTg0
Register an account on BINANCE to get a 5% discount on commissions forever and other advantages that you will discover by contacting me: https://www.binance.com/it/register?ref=NG0GOL6H
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.