The asset has fallen under the channel and is now trading in the range formed by a wide descending candle.
Trading volumes showed growth on candles with long upper shadows.
RSI is moving in the sellers' zone.
It is important to watch the price reaction to the middle of the range and the lower boundary of the channel.
I believe that the asset will continue to decline.
Trading volumes showed growth on candles with long upper shadows.
RSI is moving in the sellers' zone.
It is important to watch the price reaction to the middle of the range and the lower boundary of the channel.
I believe that the asset will continue to decline.