Dear day traders,
1h chart still looking healthy, we have been making higher lows which in turn has formed a clear support line. All indicators also support a strong buying momentum.
Significant falls will occur after the 8200 support is broken so I recommend place your alert around there.
The 8600 resistance line is still very strong in the 1h, I do not foresee any long term bullish movement until we can break this level and make it a firm support.
Best,
Kidze
1h chart still looking healthy, we have been making higher lows which in turn has formed a clear support line. All indicators also support a strong buying momentum.
Significant falls will occur after the 8200 support is broken so I recommend place your alert around there.
The 8600 resistance line is still very strong in the 1h, I do not foresee any long term bullish movement until we can break this level and make it a firm support.
Best,
Kidze