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Price is moving in a descending channel. Most likely, the price will fall into the $ 90 - 101 buy zone. In this zone there will be a Double Bottom pattern and a rebound in price with further growth. You can open a long position there.
If the price drops below the $ 90 - 101 buy zone and breaks into a strong support level of $ 82.50, then the decrease will continue to the support level of $ 41.50. You can open a long position there.
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Also, don't forget to visit our profile.
Price is moving in a descending channel. Most likely, the price will fall into the $ 90 - 101 buy zone. In this zone there will be a Double Bottom pattern and a rebound in price with further growth. You can open a long position there.
If the price drops below the $ 90 - 101 buy zone and breaks into a strong support level of $ 82.50, then the decrease will continue to the support level of $ 41.50. You can open a long position there.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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