Short-term bearish trend continuation

9 thg 9, 2020

The chart is forming a symmetrical triangle which signifies a trend continuation. The price may bounce to another support before retesting the ¢6.93 level, and a potential bounce to the upside!

This is my first ever analysis, a feedback would be appreciated!
-JISOO

*NOT A FINANCIAL ADVICE*

10 thg 9, 2020

Ghi chú

The price broke into the symmetrical triangle. However, it is approaching

10 thg 9, 2020

Ghi chú

the make or break levels at around ¢ 9.7 level. If it break the overhead resistance at this level, expect a trend reversal. If it fails, the triangle may act a support and continue to the previous target. - JISOO

10 thg 9, 2020

Ghi chú

P.S. There is also a decrease in volume so be mindful!