As we can see, the resistance line, which originates in November 2020 and the support zone, play an important role in today's idea. On December 11, the price bounced off the support zone and began its growth towards the resistance line. Now the price bounced off the line and started moving down.
Today I expect the price to continue falling down. This is obvious, since the price could not break through the resistance line earlier. Today I expect the same. I think that the price will be able to reach the support zone and stay there.📉
@Lingrid, WELL DONE? SO MANY GET REKT FROM CALLS LIKE THIS. I THINK IT IS BEST TO GIVE PRAISE WHEN THE CALL IS CORRECT. JUST SAYING. SO MANY NEW TRADERS FOLLOW THESE CALLS, WHEN IT GOES BAD, ITS BAD!!
florentin33
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Do you still think, that the price will go down?
Solldy
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@florentin33, Pay attention that the price started to fall!
TradingAlchemist
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I assumed price would break zone
Solldy
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@TradingAlchemist, On December 9 and 11, the price repelled from the support zone! I expect the same thing to happen this time!