Hi, about 2 days ago I looked at this chart but I needed more time to publish my idea and now we can see that the price is stable according to MA so, as usual, The price will rise or fall but how? According to my chart, drawing tools and indicator we have 2 black colored resistance lines that their background color opacity depends on how much are they strong. one...
If the price and BROWN MA break down the RED MA it's a very strong signal to sell for long-term and If the BLUE MA break down the BROWN MA it's a strong signal to sell for short-term
I think it's a strong long-term possibility like and comment if you agree or not agree my idea
I think if we want to forecast future price changes using price action, this idea will be enough because we can see the chart price change pattern using Elliott waves and also resistance and support black colored lines and area; MACD and RSI combined with them and made this idea complete. Notice: high risk In the future, if the price breaks the 400 resistance...
Hey, We can see that the price broke the resistance Line and the price will arrive at the 2nd resistance Line 300usd there the price may fall down and if break the 2nd line it'll raise
I think the chart will fall down to108.8 and after it will raise up to 110.9 using trends, triangle , indicators and you can try fib