Overall long term i expect the bearish trend to continue,but when the price goes to the yellow support/resistance levels to slow down momentum and possibly go in stagnation.As the price goes to the red support/resistance levels it will give us oppurtunities to look for price chart patterns for reversal.
P.S. Feedback will be highly appreciated as i want to improve my skills since im very new to this!
Support/Resistance levels legend :
Green : Very likely for the price to pass (low support/resistance)
Yellow : Unlikely to passs.(medium support/resistance )
Red : Very unlikely for the price to pass ( hard support/resistance)
P.S. Feedback will be highly appreciated as i want to improve my skills since im very new to this!
Support/Resistance levels legend :
Green : Very likely for the price to pass (low support/resistance)
Yellow : Unlikely to passs.(medium support/resistance )
Red : Very unlikely for the price to pass ( hard support/resistance)