Strong support
Price cannot drop below 18,85$ from many weeks and looks like it became a strong support
Downtrend trendline (purple) is getting closer and a breakout will probably happen soon
First resistance at 21$ (light blu)
Downtrend trendline (purple) is getting closer and a breakout will probably happen soon
First resistance at 21$ (light blu)
Note
First resistance passed (light blu) now heading to the final breakout (purple trendline)
Note
Everything as supposed
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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.