After the upward rally of this currency compared to the market as a whole, we are currently experiencing weakness in the upward trend and the double lag of the recent upward step and the increase in the length of the corrective step, and as can be seen in the chart of this currency with the Bitcoin pair, the price cannot reach the midline of the channel and the range of Break price action resistance.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.
According to the descending pattern of the rising wedge formed in the chart with the Tether pair, expect a further drop or a pullback to the 0.07 area and the formation of a lower ceiling and a further price drop.