The price has finally hit the bottom, temporary as it may seem it's cause the area where the horizontal green and faded pink is where the price has hit twice before making it a solid area to bounce. However the overall trend is down especially after the symmetrical triangle got pierced and crabbed until the recent fall. Now the triangle is a descending triangle and could have a few bounces before breaking down perhaps. Temporary bounce may be in the works to halfway or if it's a strong move, to the orange line then potential retrace back to local lows. Gl and DYOR this is never financial advice, but rather, a analysis.
Kommentera:
seems like the strength of the bear was too strong and it crashed under. I was wrong.
