After breaking the downward trend line, the price has formed a trading range. We can consider the first target as the ceiling of the trading range and the second target as double the trading range, both of which are specified in the chart.
Be successful and profitable.
The price has made a comeback in the weekly time after reacting to a good climax
It broke the ceiling of the last bearish log and formed a positive trend.
Now it is in a good position in the return and correction of the price and can touch its previous ceiling.
The price has made a comeback in the weekly time after reacting to a good climax
It broke the ceiling of the last bearish log and formed a positive trend.
Now it is in a good position in the return and correction of the price and can touch its previous ceiling.
The price is likely to return to the channel level as it approaches the bottom of the bullish channel and the important support of prz, as well as being on the 0.618 Fibo level. Also, in terms of price action, the downward slope has decreased.
luna After reaching the support area and breaking the downtrend line in the rsi indicator also has a positive divergence and has given us a good entry point.