The price formed an expanding triangle pattern
The move down was really strong and triggered by the news yesterday.
the price could reverse but before is very likely that it has to form some sort of bottom, it means sideway more likely then up
It is even possible that the price will BO below the triangle and will continue for lower prices
The move down was really strong and triggered by the news yesterday.
the price could reverse but before is very likely that it has to form some sort of bottom, it means sideway more likely then up
It is even possible that the price will BO below the triangle and will continue for lower prices
Expect forming a bull flag and then another leg up