On the logarithmic chart we see a long-term trend line, which is considered as support. In addition there is the cycle top from 2017. Means, at the cross point are two very strong resistances which should stop the sell-off.
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.