As we can see, the price was able to leave the channel and began its upward movement. The upper channel line has been broken. The price was able to grow to the resistance zone and now it is staying there. Note that on January 29, the price was also in the same position, in the resistance zone, but the price immediately bounced off it and began its downward movement. On February 1, the price was already at the support line. In today's idea, the main role is played by the support line, which begins in January 2021 and the resistance zone.
Today I expect the price to bounce off the resistance zone and start moving down. I think it will be a profitable and rapid drop in price. I think the price will reach the support line.📉
Do you agree?)
Your Solldy.
Today I expect the price to bounce off the resistance zone and start moving down. I think it will be a profitable and rapid drop in price. I think the price will reach the support line.📉
Do you agree?)
Your Solldy.