Hard to guess but support does not seem that strong if you look at volume. Seems like the "supporters" kind of accepted a heavy downtrend. I fear, fear will drive it down again. Though weekend will set the trend I think.
This is no financial advice. Just my personal opinion. Make your own decisions. For educational purposes only.
This is no financial advice. Just my personal opinion. Make your own decisions. For educational purposes only.
Note
I think it needs to take speed to the upside, otherwise we will test the lower yellow line again. This then might be the major test. But remember i am playing with charts since probably two weeks. So it is better to ignore me. Though I am good with patterns and emotions ;)
Disclaimer
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.
Disclaimer
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.