The points outlined in the chart suggest a bearish outcome over the next several candles. The target is approximated by extrapolating the Cosmic Gravity resistance channel bottom and the stop is set a its extrapolated top. However as stated in the chart's blue (bullish) bubble, if the price breaks above the resistance channel it will necessitate a reassessment of the signals.
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🚩 Disclaimer: the information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors
