I will also describe my actions .
1. I needed to know in what trend we are moving. We have a downtrend chanel
2. Through horizontal lines I have identified lines of support and resistance .
3. I used the Fibonacci lines, to understand in what range the coin can moving .
4. In general, now the falling cycle and the flat phase + downtrend chanel a high probability that the price will moving down.
1. I needed to know in what trend we are moving. We have a downtrend chanel
2. Through horizontal lines I have identified lines of support and resistance .
3. I used the Fibonacci lines, to understand in what range the coin can moving .
4. In general, now the falling cycle and the flat phase + downtrend chanel a high probability that the price will moving down.