We are experiencing a consolidation period right now.
Double bottom ( red line) will be our mayor support.
Purple line its the resistance.
If price breaks the red line it could go to the yellow circle below.
If price breaks the purple line, could continue his rally to 50 $
( we have to consider the price action to push price on any direction)
Good luck!
Double bottom ( red line) will be our mayor support.
Purple line its the resistance.
If price breaks the red line it could go to the yellow circle below.
If price breaks the purple line, could continue his rally to 50 $
( we have to consider the price action to push price on any direction)
Good luck!