Dump for Brent Price is so Close

Dump for Brent Price is so Close

By chorock | 2F Finance and Future | 14 Dec 2020


As the daily chart of Brent Crude Oil, Bullish trend coming from March may be ended in a few days. Price reached Fibonacci 0.618 level and It is at the top of bullish trend line. If the price fails, it will break the rising trend line down. 

There is also negative divergence. Price is going higher but RSI doesnt support the price. It goes down. I can say that everyone should be careful. If it goes down, Everything can follow it. It is important for all cryptocurrencies.

 

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chorock
chorock

Mechanical Engineer, Investor and Blockchain Lover.


2F Finance and Future
2F Finance and Future

Technical posts about financial instruments. Future predictions.

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