The chart shows important local levels and trend levels, on which the further development of the price movement will depend. Today is 04.21.2021.
Updates to previous works for this trading pair.
The entry point was set at the minimum price values of the trend immediately before its reversal. Term 1 day.
The beginning of the emergence of this trend before the impulse
Result + 286% to the of the downtrend.
At the moment, the price is in its lower part at the intersection of the main downtrend and the support of the local horizontal channel. The potential of the local channel is about 40%. A breakout of the level 31 zone (local channel resistance) and behind it the level zone (false breakout) 381 will give the potential for working out the rising flag formation with a flagpole of exactly 200%. This is on condition that there will be no "sabotage". If there are FUD tales, then trading in this channel zone, or along the line of the main trend (contact).