We have a downtrend channel atm, the yellow trend line seems to be a very strong support as its held a bunch of times in the past, stochrsi indicates strong oversold. The orange area shows a potential very strong resistance, the ema 100, fibonacci 0,5 retrace and current volume profile POC are in this area. If the price manages to go above we might be looking at a strong breakout.
Setting an alarm for this one.
* This is not financial advise*
Setting an alarm for this one.
* This is not financial advise*