Hello friends
The price is at the ceiling of its long-term ascending channel. In the 4-hour and daily time frame, we have negative normal divergence.
Two routes are foreseen:
1) From here the price will decrease
2) The price first reaches the red resistance area and then declines.
The price is at the ceiling of its long-term ascending channel. In the 4-hour and daily time frame, we have negative normal divergence.
Two routes are foreseen:
1) From here the price will decrease
2) The price first reaches the red resistance area and then declines.