In the weekly time frame, since the end of March 2020, the price has been following a nice uptrend, getting its first bounce just in November 2020. The price has actually reached a strong and there is a possibility of a trend correction.
In the daily time frame the price is still following a clear uptrend, started at the beginning of November 2020 after it got its first rejection on the main trendline, and it's currently reached a daily at about 0.76500.
In the h4 time frame the price got a double rejection on the at about 0.78000, breaking through the and reaching its dynamic support line. The next price action will be essential to understand the next market movement!
The price has been following a long uptrend since many days ago, and now it's reached an interesting that rejected the price several times in the past.
I can see a possible pattern, usually a reversal pattern and I'm confident to see the price falling down until the next at about 0.75000
I'll plan my short trade once the price will break the current .
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