The price is expected to move in the specified direction and after the correction pattern is completed, we will see the start of the upward trend.
If the price can break through the support area, the continuation of the downward trend will be likely. Otherwise, by consolidating above the support trend line, the continuation of the upward trend will be possible.
Given the price behavior in the current resistance area, possible scenarios have been identified.
It is expected that the downward trend will continue to form until the specified support area. Then the continuation of the movement will proceed according to the specified paths. It is expected that within the specified time frame, the downward trend will end and the beginning of the upward trend will form.
Considering the price behavior in the current resistance level, possible scenarios have been identified. As long as the price fluctuates above the green support level, the continuation of the upward trend is likely.
It is expected that the downtrend will progress to the specified support level, then it is expected that a trend change will form and we will see the start of an upward trend.
It is expected that within the specified time frame, a trend change will form and we will see the start of an upward trend.
Considering the price behavior within the current support range, possible scenarios have been identified. If the price breaks through the support range, a continuation of the downtrend is likely.
Considering the price behavior in the current support range, possible scenarios have been identified. As long as the price fluctuates above the support range, the continuation of the upward trend will be likely.
The correction trend is expected to advance to the specified support levels. Then, it is expected that within the specified time frame, a trend change will form and we will see the start of the upward trend.
It is expected that the trend will change in the green resistance area and we will see the beginning of the correction. If the price consolidates above the red resistance area, the upward trend will likely continue.
It is expected that the trend will change in the green resistance area and we will see the beginning of the downtrend. If the price consolidates above the resistance area, the upward trend will likely continue.