4H CHART EXPLANATION:
We observe that there is a Descending Channel here. Price is bouncing at the Daily Support Zone, so, we expect a movement towards the Descending Trendline. If the trendline is broken, then the movement has potential to reach the Resistance Zone.
DAILY CHART ANALYSIS:
We observe that there is a Descending Channel here. Price is bouncing at the Daily Support Zone, so, we expect a movement towards the Descending Trendline. If the trendline is broken, then the movement has potential to reach the Resistance Zone.
DAILY CHART ANALYSIS: