Price is Touching Lower Trend Line of Weekly Channel which has been Formed from 260$ and Established by Successfully Holding After Correction from 1200$.
The Line is Being put to yet Another Test which is Going to Hold and Bounce the Price Back Up IMO.
StochRSI is Oversold And the Volume of this Downward Movement is Low (Comparing to Previous Drops) and Resistance to Up is so Weak At the time of publishing this idea
The Line is Being put to yet Another Test which is Going to Hold and Bounce the Price Back Up IMO.
StochRSI is Oversold And the Volume of this Downward Movement is Low (Comparing to Previous Drops) and Resistance to Up is so Weak At the time of publishing this idea