The upward and fluctuating trend is expected to continue until the specified resistance levels, then a trend change will occur and we will witness the beginning of the downward trend. The downward trend is expected to continue until the red support area.
Given the price behavior in the current resistance area, possible scenarios have been identified. It is expected that we will witness the continuation of the corrective trend until the specified support levels.
It is expected that the upward and fluctuating trend will form until the specified resistance area, then there will be a possibility of a trend change. Then the beginning of a downward trend can be a likely scenario.
It is expected that the corrective trend will form until the specified support area and we will witness the beginning of the upward trend. If the price crosses the resistance area, the continuation of the upward trend to the resistance trend line will be possible.
It is expected that the trend will change within the current resistance range and we will see the start of the downward trend. If the price crosses the resistance range, the continuation of the upward trend will be likely.
It is expected that the price will fluctuate within the current support range and then we will see the start of the upward trend. If the price crosses the support range, the continuation of the correction trend to the specified support levels will be possible.
It is expected that the correction will continue and then we will see the start of the upward trend. If the price crosses the 100% level, the continuation of the downward trend will be likely.
It is expected that the upward trend will form until the specified resistance level. Then there is a possibility of a trend change and the beginning of a downward trend.
Considering the price behavior in the current resistance level, possible scenarios have been identified. If the price consolidates above the resistance level, the upward trend will continue.
It is expected that the corrective trend will continue to form until the specified support level, then there is a possibility of a trend change. If the price crosses the 78.6% level, the continuation of the downward trend will be likely.
Given the index's behavior within the current resistance range, it is expected that the downtrend will continue.
Given the price behavior in the current resistance range, possible scenarios have been identified. It is expected that a trend change will form in the current resistance range and we will witness the beginning of a downward trend. If the slope of the downward trend is sharp, it can be a confirmation of the continuation of the downward trend.
If the price can consolidate above the support range, the start of the uptrend is likely. Otherwise, the continuation of the downtrend is likely with the support range broken.
If the price can change the trend at the 78.6% level, the start of the uptrend is likely. Otherwise, the continuation of the downtrend is likely.
It is expected that the triangle range will be broken upwards and we will witness the beginning of the upward trend.check