As we can see price has entered a downtrend creating lower highs and lower lows in which it is forming a descending wedge.
I will be watching this closely in the coming hours/days to analysis price to see if we can se a potential break out.
I am expecting price to continue to the downside before rising up and breaking the wedge and then we should see a continuation to the upside but add this to your watchlist.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.