For the current period of time the sales continue in search of a strong buyer at lower prices.
On the chart we see a pronounced downtrend with a weak resumption of buying.
This trading range, which was formed in 14 days, tells us that it is possible to fall even lower from the current price levels.
Through the strong imbalance in the current instrument we saw one strong impulse up with the absorption of sales,
the impulse that could not break through the sales area indicates to us that there is no buying interest at the moment, so we can conclude that the next area of interest
be within the lower boundary of the trading range.
On the chart we see a pronounced downtrend with a weak resumption of buying.
This trading range, which was formed in 14 days, tells us that it is possible to fall even lower from the current price levels.
Through the strong imbalance in the current instrument we saw one strong impulse up with the absorption of sales,
the impulse that could not break through the sales area indicates to us that there is no buying interest at the moment, so we can conclude that the next area of interest
be within the lower boundary of the trading range.
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