Although subtle the lows of this range are ascending at a steeper angle than the lower highs are descending. This indicates, for the moment that there are slightly more buyers than sellers. However it could still go either way.
If we break the lower green trend the price must drop further to find more buyers before we can expect to recover.
If we break the lower green trend the price must drop further to find more buyers before we can expect to recover.
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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.