Price: 12.36 | EMA7: 14.34 | EMA25: 17.74 | RSI14: 38.86 | Resistance: 64.5 | Support: 11.35 | Average Volume: 1019569.71 | Volume Trend: Decreasing
Based on the provided technical analysis, here's the information you requested:
1. Potential Long Entry Prices: You can consider going long at these points when the price touches or crosses the EMA25 (17.736788312673) and holds above, indicating a short-term upward momentum. Meanwhile, the RSI (38.864962221383) should also suggest a trend reversal.
2. Potential Short Entry Prices: A potential short entry price could occur when the price drops to or below the EMA7 (14.337109855972), indicating a short-term downward momentum. Additionally, it is important to consider that the RSI (38.864962221383) and MACD (-2.5689781712776) values should also support a downside move.
I would like to mention that the provided analysis focuses primarily on the weekly time frame. However, for a more comprehensive understanding and execution, consider studying the price chart on multiple time frames, incorporating various indicators, and considering fundamental analysis as well.
To filter out market noise and improve the signal-to-noise ratio, it is recommended to wait for structural support or resistance levels to be broken before entering trades. Using stop-loss orders and risk management practices is crucial to protect your investments. Always consult with a financial advisor before making any investment decisions.