As it can be inferred from the recent price movements, the crucial zone of support identified on the chart has been nicely rejected. Elaborating further, we can notice that the price has formed a descending channel and the price is at the lower boundary of it.
We are expecting for the price to continue its bullish movements from here on and reach the important area of resistance plotted on the graph step-by-step.
The journey might be a bit long and bumpy, but we are here for it! Remember that patience is one of the keys to the doors of successful trading.
We are expecting for the price to continue its bullish movements from here on and reach the important area of resistance plotted on the graph step-by-step.
The journey might be a bit long and bumpy, but we are here for it! Remember that patience is one of the keys to the doors of successful trading.