As we can see, the price is between the two main lines for today. Notice how the price was holding the resistance line earlier. But then there was a big line break. After a certain time, the price returned down again and to this day is at the resistance and support lines. Now the price has bounced off the resistance line and started falling down. This is a good sign for today's idea.
Today I expect the price to continue falling down. I think the price will hit the support line. Then the price will bounce off this line and begin to grow. The push will push the price up to the resistance line.📈
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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.