Matr1x Fire is it ready to breakout... UPSIDE or DOWNSIDE?

In this chart you will see a clear move to the downside and creating lower highs, and lower lows!

However, does this mean we will continue to the downside?
A strong potential here is YES we may continue to move to the downside, and we will be waiting for a pullback.
However, personally, I'm bullish for a potential reversal before we can move further to the downside or back here in this support area.

However, does this mean we will continue to the downside?
A strong potential here is YES we may continue to move to the downside, and we will be waiting for a pullback.
However, personally, I'm bullish for a potential reversal before we can move further to the downside or back here in this support area.
Note
Matr1x Fire just made a new all time high.Disclaimer
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.
Disclaimer
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.