If the previous prediction is corect, the one in which I said that the price is possible to return in the area of 160, we already have a buy divergence formed, it is possible to have a divergence of 2-3 waves, with a small return figure in the line area' upward trend, (this to have an additional reason for the price to reverse - whether it is a double buttom, triple buttom, H&S inverted, etc.) and then to break through the downward slope, with divergence in the back, with the return figure, we have good elements that can indicate that the price can return from the high upward trend line!
Hard to say how far ... in the area of the price of 200 we can intersect with the downward trend and from there to have a rejection.
Or it is very possible that the price will go up from now on if it confirms this H&S formed now + if it pierces the current slope.
It remains to be seen the evolution of the price where it goes!
EGLDUSDT
EGLDUSDT
Hard to say how far ... in the area of the price of 200 we can intersect with the downward trend and from there to have a rejection.
Or it is very possible that the price will go up from now on if it confirms this H&S formed now + if it pierces the current slope.
It remains to be seen the evolution of the price where it goes!
EGLDUSDT
EGLDUSDT
