FTSE 100 (UKX) Têkoşîna Li Jêr Asta 7200 Berxwedana Serdemê, Uptrend Bê guman

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Asta Berxwedanê: 7500, 7600, 7700
Asta Piştgiriyê: 7300, 7200, 7100

FTSE 100 (UKX) Trend-a-dirêj: Dirêje
FTSE 100 (UKX) is rising in a sideways trend. The market has risen to level 7146 as it faces rejection from the resistance zone. UKX has been trading below level 7200 overhead resistance. Since May, buyers are yet to breached the overhead resistance. The index had been fluctuating between levels 6900 and 7200.

Xwendina Nîşandanên Qerta Rojane:
UKX is at level 56 of the Relative Strength Index. It indicates that the market is in the downtrend zone and it is above the centerline 50. The 21-day and 50-day SMAs are sloping upward indicating the trend. The crypto’s price is above the moving averages which indicate a possible rise.

FTSE 100 (UKX) Trend-a-navîn: Zordar
On the 4 hour chart, FTSE 100 has broken above the moving averages. The uptrend is facing resistance at level 7150. The index has been repelled twice after two attempts at the resistance.
Meanwhile, on October 11 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that UKX will rise to level 1.272 Fibonacci extension or level 7192.83.

Xwendina Nîşanên Chart 4-saetî
UKX is above the 80% range of the daily stochastic. The market has reached the overbought region. However, the stochastic is sloping horizontally. The index is attempting to resume bullish momentum. The 21-day and 50-day SMAs are sloping upward indicating the uptrend.

Dîtina Giştî ya FTSE 100 (UKX)
FTSE 100 (UKX) has been trading in the bullish trend zone in October. The index has been in an upward move but the bulls are yet to break the overhead resistance. A break above overhead resistance will accelerate the upward move.


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