Well, the chart is clear enough to know what's happening:
but here are my reasons:
As you can see a trend has broken and the possible barriers are visible in grey regions
On the other hand, there is another TrendLine (In pink) from days ago, which might be a resistance too, and the whole chart is below my chosen EMAs.
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck
but here are my reasons:
As you can see a trend has broken and the possible barriers are visible in grey regions
On the other hand, there is another TrendLine (In pink) from days ago, which might be a resistance too, and the whole chart is below my chosen EMAs.
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck