If the index breaks through the current support level, it can advance to the next support level. Then there is a possibility of a trend change or a continuation of the downward trend.
It is expected that after some resistance levels will be broken and we will witness the start of the upward trend. If the support range is broken, the correction and fluctuation trend will continue.
It is expected that after the amount of correction and fluctuation, a trend change will take place in the current support range and we will witness the start of the upward trend. The breakdown of the resistance range will be a confirmation of the upward trend.
Considering the price behavior within the current support trend line, possible scenarios have been identified. The resistance area is expected to be broken and we will see the start of the upward trend.
The price is expected to break the resistance area, then the start of the upward trend will be likely. Otherwise, the correction trend will continue to the specified support area.
The correction trend is expected to advance to the support area. Then a trend change will form and we will see the start of the upward trend. The break of the resistance trend line will be a confirmation of the upward trend.
The price is expected to fluctuate above the current support range and then we will see the beginning of the upward trend. If the support range is broken, the continuation of the downward trend is likely.
Considering the price behavior in the current resistance range, possible scenarios have been identified. It is expected that the upward trend will continue.
It is expected that a trend change will form within the current support range and we will witness the beginning of an upward trend. If the 78.6% level is broken, the downward trend will continue to the specified support ranges.
The price is expected to change trend within the current resistance range and witness the beginning of a correction. If the price breaks through the resistance range, the upward trend will continue.
The downward trend is expected to end at the support area and an upward trend is formed. Then, considering the price behavior at the resistance levels, possible scenarios have been identified.
The price is expected to break through the support area and advance to the specified support levels. Then there is a possibility of a trend change. If the price breaks through the resistance area, the upward trend is likely to continue.
Considering the price behavior in the current resistance level, possible scenarios have been identified. If the price breaks through the resistance level, the upward trend will continue to the specified resistance levels and levels.
It is expected that the upward trend will continue to the specified resistance levels, then we expect a change in trend and the start of the correction. With the break and consolidation above the resistance line, the upward trend will continue.