In a very strong and non-stop rally during this week, the price came to a strong resistance zone.
This zone is formed by a resistance line - one of the strongest in recent years, which appeared in February 2020 - that is, it has been forming a price movement for a couple of months already.
And also - the level of resistance. We see that the price has come perfectly at the re-reading of this level and line. That is why I expect growth to stop now. Thus, the price will touch the zone and reverse from it in a downtrend. I expect it to fall to the support line at 0.662.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.