Pay attention to the resistance line. In today's idea, this line of resistance plays an important role. As soon as the price reaches the line, it immediately bounces off it and begins its downward fall. Also in today's idea, the support zone plays a major role. For several days, the price does not go below the zone.
Now the price is at the resistance line. I think now is a good time for the price to bounce off and start moving down. Therefore, I expect that today the price will bounce off the resistance line and begin its rapid decline towards the support zone.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.