There's a powerful resistance area that i marked it by rectangle.
I think price is in a downtrend channel.
Price doesn't have any power since 2 weeks ago , and the bulls are trying to push the price up but we don't have any acceptable volume for pushing up.
I think bears would win this game.
It's Possible.
I think price is in a downtrend channel.
Price doesn't have any power since 2 weeks ago , and the bulls are trying to push the price up but we don't have any acceptable volume for pushing up.
I think bears would win this game.
It's Possible.