Closed below 200 day yesterday and pretty clear follow through today. You can see that that the price tested and is now back in the original down channel before the breakout in January. My guess is that we are at least going to test the center of the red channel and likely the blue trend line. Could even go as low as center of orange channel and test the purple trend line.
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Yesterday saw a test of both the 200 day and the orange down channel. Today seems to show a clear rejection of both.
I think you might be right! But for the moment the likely test will be at the previous bottom at 383, 1618 FIBO region. But prices cannot go above 395.
lethanhhoa1698
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Why don't you go to TradingLive and start a live broadcast? I think everyone wants you to share more wonderful knowledge.
I think you might be right! But for the moment the likely test will be at the previous bottom at 383, 1618 FIBO region.
But prices cannot go above 395.