. While the price is below the resistance 46.50, beginning of downtrend is expected.
. We make sure when the support at 40 .00 breaks.
. If the resistance at 46.50 is broken, the short-term forecast -beginning of downtrend- will be invalid.
. There is a divergence in and price between the peak at 43.315 on 2020-06-08 and the peak at 46.525 on 2020-08-26, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased.
. The support #1 at 55 is broken, so the probability of beginning of downtrend is increased.
. A peak is formed in at 46.50 on 08/25/2020, so more losses to support(s) 41.70 and minimum to Major Support ( 40 .00) is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. ( ) is 35.
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