Midterm forecast: - While the price is below the resistance 3.000, beginning of downtrend is expected.
- We make sure when the support at 2.250 breaks.
- If the resistance at 3.000 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - The RSI downtrend #1 is broken, so the probability of beginning of downtrend is decreased.
- While the RSI uptrend #2 is not broken, bullish wave in price would continue.
- A peak is formed in daily chart at 3.000 on 02/05/2021, so more losses to support(s) 2.700, 2.500 and minimum to Major Support (2.250) is expected.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 60.
Supports and Resistances: - 3.650
- Resistance on 12/21/2018
- Resistance on 12/20/2018
- Resistance on 12/17/2018
- 2.700
- Support on 02/01/2021
- Resistance on 01/29/2021
- Resistance on 01/28/2021
- Resistance on 01/27/2021
- Resistance on 01/08/2021
- Resistance on 01/07/2021
- Resistance on 01/06/2021
- Resistance on 01/05/2021
- Resistance on 12/18/2020
- Resistance on 12/17/2020
- Resistance on 12/16/2020
- Resistance on 12/15/2020
- Resistance on 12/14/2020
- Support on 11/20/2020
- Support on 11/19/2020
- Resistance on 09/16/2020
- Resistance on 09/15/2020
- Resistance on 09/14/2020
- Resistance on 09/10/2020
- Support on 09/04/2020
- Support on 08/31/2020
- Support on 08/28/2020
- Resistance on 08/26/2020
- Resistance on 11/22/2019
- Resistance on 11/18/2019
- Resistance on 10/29/2019
- Resistance on 09/18/2019
- Resistance on 05/21/2019
- Resistance on 05/20/2019
- Resistance on 05/17/2019
- Resistance on 05/15/2019
- Resistance on 05/14/2019
- Resistance on 04/15/2019
- Resistance on 04/05/2019
- Resistance on 04/04/2019
- Support on 04/02/2019
- Support on 03/27/2019
- Resistance on 02/20/2019
- Resistance on 02/19/2019
- Resistance on 02/12/2019
- Resistance on 02/11/2019
- Support on 02/01/2019
- Support on 07/17/2018
- Support on 05/07/2018
- Support on 04/20/2018
- Support on 04/19/2018
- Support on 04/13/2018
- Support on 04/09/2018
- Support on 04/06/2018
- Support on 04/05/2018
- Support on 04/04/2018
- Resistance on 03/22/2018
- Support on 03/16/2018
- Support on 03/15/2018
- Support on 03/05/2018
- Support on 03/02/2018
- Resistance on 02/28/2018
- Resistance on 02/27/2018
- Resistance on 02/26/2018
- Resistance on 02/22/2018
- Resistance on 02/21/2018
- Resistance on 02/09/2018
- Support on 02/06/2018
- Resistance on 12/15/2017
- Support on 12/13/2017
- Support on 02/28/2017
- Support on 02/23/2017
- Support on 02/22/2017
- Support on 11/10/2016
- Support on 11/09/2016
- Support on 11/08/2016
- Resistance on 08/22/2016
- Resistance on 08/19/2016
- Resistance on 08/18/2016
- Support on 07/25/2016
- Resistance on 07/20/2016
- Support on 07/15/2016
- Support on 07/14/2016
- Support on 07/13/2016
- Support on 07/06/2016
- Support on 06/20/2016
- Resistance on 10/14/2015
- Resistance on 10/13/2015
- Resistance on 10/12/2015
- Resistance on 09/25/2015
- Resistance on 09/24/2015
- Support on 09/17/2015
- Support on 09/11/2015
- Support on 09/10/2015
- Support on 09/09/2015
- Support on 09/04/2015
- Support on 09/01/2015
- Support on 08/26/2015
- Support on 08/25/2015
- Support on 08/21/2015
- Support on 08/18/2015
- Support on 08/03/2015
- Support on 07/31/2015
- Support on 07/07/2015
- Support on 06/09/2015
- Support on 05/28/2015
- Support on 05/07/2015
- Resistance on 04/17/2015
- Resistance on 04/16/2015
- Resistance on 04/07/2015
- Resistance on 04/06/2015
- Resistance on 04/02/2015
- Support on 03/23/2015
- Support on 03/16/2015
- Support on 03/13/2015
- Support on 03/11/2015
- Support on 03/10/2015
- Support on 03/09/2015
- Support on 03/04/2015
- Support on 02/27/2015
- Support on 02/13/2015
- Support on 02/12/2015
- Resistance on 02/10/2015
- Resistance on 02/05/2015
- Support on 01/29/2015
- 2.500
- Support on 01/25/2021
- Support on 01/20/2021
- Support on 01/19/2021
- Support on 12/24/2020
- Support on 12/04/2020
- Support on 12/03/2020
- Support on 09/18/2020
- Support on 08/21/2020
- Resistance on 08/17/2020
- Support on 11/26/2019
- Resistance on 10/25/2019
- Resistance on 10/21/2019
- Resistance on 10/17/2019
- Resistance on 10/16/2019
- Resistance on 10/15/2019
- Support on 09/25/2019
- Resistance on 09/05/2019
- 2.250
- Resistance on 08/12/2020
- Resistance on 08/11/2020
- Resistance on 08/04/2020
- Resistance on 05/05/2020
- Support on 12/19/2019
- Support on 12/18/2019
- Support on 12/13/2019
- Support on 11/29/2019
- Resistance on 08/28/2019
- Resistance on 08/27/2019
- Resistance on 08/26/2019
- Resistance on 08/15/2019
- Resistance on 08/01/2019
- Resistance on 07/31/2019
- Support on 07/18/2019
- Support on 07/05/2019
- Support on 07/04/2019
- Support on 07/01/2019
- Support on 06/27/2019
- Support on 06/26/2019
- Support on 06/19/2019
- Resistance on 05/23/2016
- Resistance on 05/13/2016
- Resistance on 05/10/2016
- Resistance on 05/05/2016
- Resistance on 04/29/2016
- Resistance on 02/01/2016
- Resistance on 01/28/2016
- Support on 01/12/2016
- Support on 01/06/2016
- Support on 01/04/2016
- Support on 12/30/2015
- Resistance on 12/02/2015
- Resistance on 12/01/2015
- Resistance on 11/30/2015
- Support on 11/26/2015
- Support on 11/23/2015
- Support on 10/30/2015
- 2.100
- Support on 08/04/2020
- Resistance on 05/07/2020
- Support on 05/05/2020
- Resistance on 05/04/2020
- Resistance on 05/01/2020
- Resistance on 04/23/2020
- Resistance on 04/21/2020
- Resistance on 01/16/2020
- Support on 01/09/2020
- Support on 01/08/2020
- Support on 01/07/2020
- Support on 01/03/2020
- Support on 01/02/2020
- Support on 08/13/2019
- Support on 08/12/2019
- Support on 08/09/2019
- Support on 08/02/2019
- Support on 07/30/2019
- Support on 07/29/2019
- Support on 05/19/2016
- Support on 05/02/2016
- Support on 04/29/2016
- Support on 04/28/2016
- Resistance on 04/13/2016
- Resistance on 04/04/2016
- Resistance on 02/04/2016
- Support on 01/25/2016
- Support on 01/21/2016
- Support on 01/20/2016
- Support on 01/19/2016
- Support on 01/15/2016
- Resistance on 12/24/2015
- Resistance on 12/10/2015
- Support on 12/08/2015
- Support on 12/07/2015
- 1.950
- Resistance on 07/29/2020
- Resistance on 07/07/2020
- Peak on 07/07/2020
- Resistance on 05/27/2020
- Resistance on 05/26/2020
- Resistance on 05/19/2020
- Resistance on 05/18/2020
- Support on 04/28/2020
- Support on 04/23/2020
- Support on 04/22/2020
- Support on 04/21/2020
- Resistance on 04/17/2020
- Resistance on 03/13/2020
- Resistance on 03/10/2020
- Resistance on 01/27/2020
- Resistance on 01/23/2020
Click on the level to view price action history. |