The above range is a strong resistance range that can prevent price increases
Training in order to correctly recognize the trend and draw lines of support and resistance
Considering the downward trend and the formation of the flag pattern and the lack of formation of a new ceiling and sales pressure and powerful sellers, we have the possibility of a price drop.
This can be a warning for the next moving what do you think?
Given the signs of price reversals and price stabilization in the current range, one can be somewhat optimistic about the price increase, but it should be noted that the resistance can lead to further price reductions, so buying in this range is not recommended. Price resistance is indicated in the chart This analysis is for medium and long term vision
According to the previous analysis, it was predicted to experience a further decline Resistance and support points are identified in the image Leaving the market in this situation and preserving capital until the unstable global situation is identified is acceptable
Pattern of descending head and shoulders and the formation of pullbacks and falling to the level of 33 thousand dollars and the return of the price to the previous ceiling and re-testing the resistance level The possibility of falling prices at this level can occur *************(This is just a personal opinion and can be right or wrong The decision to buy and sell...
According to previous forecasts I never say you buy but you can use my analyze
Powerful buyer entry approval pending Waiting for confirmation to move up
As previously predicted, the price will drop due to the failure of support and static and dynamic resistances
As previously predicted, the price will drop due to the failure of support and static and dynamic resistances
According to an analysis a few days ago Defeat support with candle strong failure in daily timeframe
Triangle pattern Pulbek Re-growth Start ascending The diagram shows everything
Weakening of the uptrend in the construction of higher ceilings Transaction risk at the above price
Head and shoulders pattern, downtrend, support line failure, pullback completion and likely downtrend Medium and long term purchases are not recommended
Resistance and support lines Due to past price behavior
Given the past behavior, the price is expected to correct
The price first managed to grow to the price of $ 52,000 by forming a pattern and breaking the price from above and completing the pullback, starting with the upward trend, which has not been able to return to the uptrend with the resistance of the uptrend in the opposite direction and the beginning of the downtrend. In such cases, buying is not recommended unless...