Friday 19th April 2024: Technical Outlook and Review
An Overlap support, indicating a significant level where buying interest might be present, potentially providing a foundation for further upside movement.
Thursday 18th April 2024: Technical Outlook and Review
An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.
Wednesday 17th April 2024: Technical Outlook and Review
An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.
Tuesday 16th April 2024: Technical Outlook and Review
An Overlap support, indicating a significant level where buyers might step in to support the price, potentially leading to a reversal or temporary halt in the bullish momentum.
Monday 15th April 2024: Technical Outlook and Review
An Overlap resistance with a 78.60% Fibonacci Projection, indicating a significant level where selling pressure might increase, potentially leading to a reversal in the bullish momentum.
Friday 12th April 2024: Technical Outlook and Review
Acts as an Overlap resistance, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Thursday 11th April 2024: Technical Outlook and Review
Acts as Pullback resistance with a 127.20% Fibonacci Extension, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards despite the prevailing bullish trend.
Tuesday 9th April 2024: Technical Outlook and Review
Acts as a pullback support that aligns with a 61.8% Fibonacci projection level, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Monday 8th April 2024: Technical Outlook and Review
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating a strong bullish sentiment.
