– WTI reversed from round resistance level 70.00
– Likely to fall to support level 68.00
WTI crude oil recently reversed down from the round resistance level 70.00 (former strong support from January).
The resistance level 70.00 was strengthened by the nearby 20-day moving average and by the 50% Fibonacci correction of the sharp downward impulse from last month.
Given the clear daily downtrend, WTI crude oil can be expected to fall further to the next support level 68.00.
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies