the price finds itself stuck in a symmetrical wedge. I will wait for a breakout or breakdown. My opinion is however that the price still is extremely bullish and is probably building up before breaking out. What do you think?
The price has reached a crucial point: it is at strong horizontal support, at the lower line of a descending channel, and at the lower line of an older ascending channel. Therefore I expect it to grow again till the next resistance.
What do you think?
The price is nicely falling at the strong support zone formed by an horizontal support and a trend line. My expectation is that it will probably fix on it and bounce back north since the uptrend is still strong.