1.We have a good support area near us. Tested several times
2.Large volume traded the previous days
3.Our oscillator will go head down and possibly reach the oversold area
What I think might happen soon :
1.The price falls once again because of the emotions that dominate the market
2.Apart from market sentiment, there is good liquidity below the support area + round number 0.06 can also be the stopping point of many traders (stop hunting)
3.Our oscillator turns blue, which indicates the fall of the market, but basically, when all the columns turn blue, it is the turning point of the market. So if we have heat or red lines later, we can reach higher prices 🔥 (I did not specify a target) 😅
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