

The asset shows a notable positive trend.
Recent patterns indicate potential for growth with key levels in focus.
The chart displays a noticeable bullish trend with candlesticks forming higher highs and higher lows post-reversal around October 17th.
The trend is generally bullish, with a recent sideways movement suggesting consolidation.
Key breakout zone around 62.00, while a pullback could be expected if it drops below 60.50.
The MACD line is above the Signal line, indicating a bullish crossover around the end of the chart.
The histogram shows decreasing bearish momentum, confirming the recent bullish crossover tendency.
No significant divergence observed at present.
Volume spikes aligned with price increases around major breakouts suggest strong buying interest.
Higher volumes during upward movements indicate strong bullish sentiment.
Noticeable volume spikes correspond with price movements, potentially indicating institutional buying.
Key Support: Around 60.50, where the price has previously bounced upwards.
Key Resistance: 62.00, which has been tested multiple times and could lead to a breakout if surpassed.
Consider buying on breakouts above 62.00 with confirmation from increasing volume.
Watch for bearish patterns forming under 60.50 for potential sell signals.
Current sideways consolidation may suggest holding until clearer trend direction emerges.



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Secured By SSL. Copyright © Seekapa. All rights reserved. 2024
Company Information: This website (www.seekapa.com.com/) is operated by Bluepine Ltd, a Seychelles investment firm, authorised and regulated by the Financial Services Authority of Seychelles with license number SD183. Bluepine Ltd is located at Suite 205, 2nd Floor, Waterside Property Limited, Eden Island, Seychelles
Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.
Regional Restrictions: Bluepine Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.
Bluepine Ltd does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Bluepine Ltd is not a financial adviser.