In today's idea, the main role is played by the resistance line and the support line. As we can see, since February 2021, the price repels well from this line. And now the price has also reached the resistance line. The support area also plays a major role. Since she will have to word the price.
Today I expect the price to bounce off the resistance line. As soon as this happens, the price will begin its downward movement. I think it will reach the support zone. This will be a significant drop in price.๐
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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.