Thank you very much for liking me. This time I want to present an analysis about a very valuable currency.
As you can see in the analysis, this currency is fluctuating in a downward channel, of course, the most important point about this currency is the very strong support in the range of $0.40 to $0.35, which is very, very important.
And I hope that it will never lose this support range, because if this support range is broken, in my opinion, this currency will suffer a major crisis.
This range is marked with red color in the chart, and in case of failure, we can fall to the blue range
Of course, if there is no war or a special event, the possibility of failure of this area is unlikely, except in war conditions or global economic crises, which can have a negative impact on all financial markets.
And if the price can break the upper limit of its downward channel, we can expect a great rise for this currency. In my opinion, this is a wonderful currency for long-term investment.
As you can see in the analysis, this currency is fluctuating in a downward channel, of course, the most important point about this currency is the very strong support in the range of $0.40 to $0.35, which is very, very important.
And I hope that it will never lose this support range, because if this support range is broken, in my opinion, this currency will suffer a major crisis.
This range is marked with red color in the chart, and in case of failure, we can fall to the blue range
Of course, if there is no war or a special event, the possibility of failure of this area is unlikely, except in war conditions or global economic crises, which can have a negative impact on all financial markets.
And if the price can break the upper limit of its downward channel, we can expect a great rise for this currency. In my opinion, this is a wonderful currency for long-term investment.