Technical analysis of Japanese candlesticks in a time of 4 hours, this week and the previous one the price had a significant setback, reaching a critical support area between $ 6300 and $ 6200. Today we see a rebound right in that support area, accompanied by an important volume.
In the graph we can see the bullish momentum and the aforementioned volume, we can also notice that the closest resistance is in the area of $ 6800 and $ 7000. It is quite likely that at the close of the current candle we have another sign of positive confirmation such as the upward break of the S1 of the pivot points of the week.
If you entered the critical area of 6300 $ -6200 $, very well you already have something of profit. If you are going to enter right now, stay alert to what you can do in the area of the closest resistance. Much success in your movements, until the next technical analysis.
- "We live in transcendental times, that's why, because we're alive" *
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