COST 1W
Why do I expect price to move below 408 USD?
Firstly, let's look at the chart.
What can you can read from the chart?
What do I expect will happen based on my readings?
Price is currently below local PoC. It has created weak higher low (weak structure). I believe that price will break the weak lower high and move below 408 USD.
Firstly, let's look at the chart.
What can you can read from the chart?
- Price has been creating lowers highs (LH) and higher lows (HL) for several months
- Price is below local PoC.
- Weak lower high
What do I expect will happen based on my readings?
Price is currently below local PoC. It has created weak higher low (weak structure). I believe that price will break the weak lower high and move below 408 USD.
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