From December 1, 2020, the price began to fall gradually downward. On its way, the price was able to break through two strong resistance lines. Today we have two important lines. The support line starts on November 25th. And the resistance line, which the price must break, originates in March 2020. This line is strong, but the price has broken it earlier, so it will not be difficult to break it again.
Now you can see that the price has already bounced off the support line. The price began to rise. I expect the price to break through the first resistance line. Then the price will rise slightly and then fall again to gain strength for growth. After that, the price will be able to calmly reach the upper resistance line.๐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.