AI The bearish line is identified at 37, which may indicate a bearish signal and potential downward price movement. In this scenario, the target prices could be set at 36.43, 35.60, 33.82, and 32.05.
*In addition to the provided information, I have observed three black crown candlesticks, which typically signify a bearish pattern. Furthermore, on the 1-hour chart, the price is in close proximity to the support of the EMA200, located at 36.99. These factors further support a bearish outlook for AI.
Trade active
It's moving to the bearish line nowNote
All targets hit.Trade closed: target reached
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.