If we looking at this this chart, the price is forming a pattern that we called as Descending Triangle Pattern.
This could indicate a bearish movement if the Support couldn't hold.
But, in the daily timeframe, we also expecting a strong rebound since the price is near the Support Line from Ascending Channel.
Disclaimer : This is not Financial Advise
This could indicate a bearish movement if the Support couldn't hold.
But, in the daily timeframe, we also expecting a strong rebound since the price is near the Support Line from Ascending Channel.
Disclaimer : This is not Financial Advise