• Copper reversed from resistance area
• Likely to fall to support level 460,00
Copper recently reversed down from the resistance area lying between the multi-month resistance level 480,00 (which stopped the sharp uptrend in May) and the upper daily Bollinger Band,
The downward reversal from this resistance area stopped the previous impulse waves 3 and (3).
Given the strength of the aforementioned resistance area and the overbought daily Stochastic, Copper can be expected to fall further toward the next support level 460,00 (former key resistance from July).
🛟 Bitcoin is having a hard time staying afloat, even as major players step in…
We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…
The US dollar weakened significantly in 2025, and its fate depends on central banks. The…
Major cryptocurrencies fell amid declining market sentiment, low liquidity, and institutional rebalancing, with Bitcoin dropping…
Dogecoin: ⬇️ Sell - Dogecoin broke long-term support level 0.1365 - Likely to fall to…
Alcoa: ⬇️ Sell - Alcoa reversed from strong resistance level 47.00 - Likely to fall to…
This website uses cookies