yesterday we saw a fairly large downswing.
Today we can see the price winding down further and further, the congestion zone is getting smaller and smaller.
I think the price will continue to wind down (tighten up) until it hits the support.
Then i expect it may potentially bounce off the support, straight through the resistance and resume the original avg trend
Today we can see the price winding down further and further, the congestion zone is getting smaller and smaller.
I think the price will continue to wind down (tighten up) until it hits the support.
Then i expect it may potentially bounce off the support, straight through the resistance and resume the original avg trend