$FRONT ANALYSIS BREAKDOWN ACCORDING TO TA IN PREVIOUS POST:
- Overbought RSI and CCI indicators suggest a potential price correction or consolidation, but the overall trend remains bullish.
- Pivot points show the price is above resistance levels, indicating a strong upward momentum.
- Doji candles suggest a potential trend reversal or consolidation, but the context of other indicators suggests a continued bullish trend.
- Bullish price crossovers with adaptive moving averages and MACD crossover up its moving average indicate a strong buy signal.
- New HIGH record (1 month) suggests a significant price increase.
- Williams %R indicator is overbought, but still in a bullish zone.
Please note that technical analysis is not a guarantee of future price movements and should be used in conjunction with other forms of analysis and risk management strategies. I keep dropping daily free analysis. I hope you find this useful.
