The previous idea was able to go in my direction and is now heading down.
As you can see, on January 3, the price began to grow up to the resistance level. As you can see, there was a similar growth in 2017, when the price also began to grow rapidly. After that, the price began to decline rapidly. There was an attempt to grow, but the price was unable to break through the level. The price was in a growing channel, so there were chances to repeat the previous price movement. But now the price has broken through the lower channel line and is heading down.
Today I expect the price to continue falling and be able to reach the support level. As for me, this will be a profitable move.📉
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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.