This currency is in the time frame of the daily frame within a triangle, which is currently priced at the two-thirds end of the triangle atoms and at the top of it.
Given the divergence, volume reduction and negative signals obtained from indicators and oscillators, it is expected that prices will continue to decline.
But in the future, with the collision with the lower edge of the triangle (Support Line), it will accelerate and the uptrend.
Of course, it's very likely that the price will drop from the upper edge of the triangle with the specified circle, in which case we will see an upward trend.
We are currently expecting a bearish trend in the currency.
Given the divergence, volume reduction and negative signals obtained from indicators and oscillators, it is expected that prices will continue to decline.
But in the future, with the collision with the lower edge of the triangle (Support Line), it will accelerate and the uptrend.
Of course, it's very likely that the price will drop from the upper edge of the triangle with the specified circle, in which case we will see an upward trend.
We are currently expecting a bearish trend in the currency.