Price is entering the sideway channel pitchfork and recovery after the drops, we might see a sideline trading this week
Trend is heading towards median resistance level and a break above might bring price higher towards upper line key resistance level
However, bearish trend is still strong on the weekly we are looking at price is right below the key resistance level upper line (Weekly)
Trend is heading towards median resistance level and a break above might bring price higher towards upper line key resistance level
However, bearish trend is still strong on the weekly we are looking at price is right below the key resistance level upper line (Weekly)
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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.