1 hour time frame
The price is moving in a downward channel, which after hitting the bottom of the channel had a corrective move to the middle line of the channel, which does not seem to be able to cross.
The moving average also indicates a downtrend, which should wait for signs to rise again
The price is moving in a downward channel, which after hitting the bottom of the channel had a corrective move to the middle line of the channel, which does not seem to be able to cross.
The moving average also indicates a downtrend, which should wait for signs to rise again
Due to the recent bearish candle, there is a possibility that the price will fall to the bottom of the channel