BORA is currently trending downward but we are looking for a bottom.
I suggest a bottom here along this up channel and double bottom with the curve.
The horizontal line lower is the strong support we are testing.
The upper horizontal is the price target line.
As you can see, we have a huge ascending triangle formed on the BORA/BTC pair.
However, we have some bearish divergence. We need to hold the gold line in order to get above the purple supply zone.
Breaking the purple supply zone would give us a new ATH for this pair.
