We close the previous trade as the price showed a strong downward movement. Failing to rise above the resistance line.
Let me remind you of my previous predictions that came true.
We talked about falling.
After that the prise moved along the line for a while. Such a stable price movement near the line may indicate its imminent falling. Over the past month, the price has been moving in an ascending channel and has now broken through it and exited this channel. Therefore, I think that the price will go down. It will continue to fall and come to the support line.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻