// Update: The attempt to break through the hard-resistance (red) failed. Even the soft-resistance (based on Line) is only tangended. Next: Sideways and then a stresstest of the purple support
The purple line is my midterm support line. Now that we broke through it, it is no longer support. The purple line is now the new resistance and the downtrend might continiue.
It's only a short term chart and this case requires further developed charts.