

The asset is currently displaying a bullish trend characterized by higher highs and higher lows. The MACD crossover and increased volume further support the upward momentum.
Key resistance levels are being tested, providing potential breakout opportunities.
The overall trend appears bullish in the recent sessions, noted by the higher highs and higher lows.
Around September 23, there was a slight pullback but followed by a recovery.
Recent candlesticks are forming a series of higher closes, suggesting ongoing bullish momentum.
Recently, the MACD line has crossed above the Signal line, indicating a bullish crossover. This suggests upward momentum is building.
The histogram shows increasing positive bars, which infers strengthening bullish momentum.
There aren’t any significant divergences noted between the MACD and price action at this time.
There is a noticeable increase in volume accompanying the recent upward price trend, confirming the move.
Significant volume spikes correspond with the bullish breakout, suggesting potential institutional buying.
Key support is around 3770, where the price has bounced from after the recent breakout.
Next significant resistance is around 3815-3820. A breakout above this could lead to further bullish momentum.
Consider buying on dips towards the 3770 support level, with a target around the 3815-3820 resistance.
If holding long positions, watch for signs of exhaustion near the resistance zone for potential profit-taking.
If already long, maintain positions and watch for sustained volume support and further MACD confirmation.



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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.