As we can see, the price continued the direction, as I said. The price was able to reach the lower channel line and has already managed to push off from it and go up.
Also my other ideas, which also went in my direction.
Let me remind you at night that in December the price started a sharp upward movement and was able to reach its maximum value. Now the price is in the channel and moves along it, starting from the channel lines.
Today I expect the price to continue its direction in the channel. Now the price has bounced off the upper channel line and started to fall. I expect the price to continue this movement and be able to reach the lower channel line.📉
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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.