๐๐This post is a direct continuation of a previous post in which I wrote about the price falling into an important support zone:
๐๐As I have already written we are at an important support zone.
๐๐And as far as we can see so far there is no sign of any reaction from buyers.
๐๐For now, we have to wait and watch how the price will behave in the next few days.
๐๐The technical environment does not support the continuation of growth, but this can reverse at any time.
๐๐If we were to continue the uptrend, we would need to rebound from the support zone and head north.
๐๐The scenario I am playing out is to wait to see what decision traders make in relation to direction. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.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.