Price is currently in a downward channel. The weekly support turned into resistance.
Currently approaching the monthly support. If it holds, price could bounce from there, otherwise it's going further down.
Should wait for an upward break of the channel before entering into any LONG position.
Currently approaching the monthly support. If it holds, price could bounce from there, otherwise it's going further down.
Should wait for an upward break of the channel before entering into any LONG position.
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