Somrat4030
Member
After breaking below $1.16187 in the previous week, the price made a small pullback to $1.16187. That pullback was in the form of a small bullish candle which did not close above.
The next day i had price falling down which was a sign of bears and confirmation of previous support now as a resistance.
The fall down was not large because downtrend channel support is close and $1.15462 is a small support level. Those two combinations stopped the price from falling further down.
What do you think about the future?
The next day i had price falling down which was a sign of bears and confirmation of previous support now as a resistance.
The fall down was not large because downtrend channel support is close and $1.15462 is a small support level. Those two combinations stopped the price from falling further down.
What do you think about the future?