The price reached a resistance that was unable to break, we expect to retest to the previous resistance which is now support.
currently the price is in consolidation, break above will attract bullish move, break below we will continue with our downmove
The price has been trapped in the descending channel, if the price breakout we will expect the bulls to take over. if otherwise, the price will drop
BULLISH MOVEMENT EXPECTED. there is short term downmove before the bulls take the big step.
i expect the small downmove to previous resistance then move with an impluse that will break the channel on upwards then retest before it continues