Overall Bearish depending on how prices react to resistance
Comentário:
Well
So far everything's happened exactly as expected. If the current support line is surpassed (Which I think is more likely), expect prices to drop quite a bit.
Comentário:
There was another bullish rally, which ended exactly where I drew the Supply box and then prices dropped to the drawn Demand area
Comentário:
Boom
The power of supply and demand.
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So far everything's happened exactly as expected. If the current support line is surpassed (Which I think is more likely), expect prices to drop quite a bit.