The price started moving in the channel, which starts in April 2021. Notice how the lower channel line pushes the price away; this is a good sign for today's idea. Today I expect the price to continue its fall. After that, the price will bounce off the lower channel line somewhere at the level of 53689 and begin to grow. I expect the price to rise to the upper channel line at 60262.12.
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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.