TOTAl weekly observation
The Green box we are in currently has acted as Support and resistance ofr a few months now but maybe its time is coming to an end.
I notalso note that the Descending channel that PA is in, is getting tighter and currently, as PA remains pressed under the line of resistance, the other line Gets closer.
Time is running out for PA to react and react it Must - As you can see, the 112 day limit on the right is exactly when the two lines of Resistance cross each other
Failure of PA t esed the similar time spans, as marked on the chart, and the 3rd should see us out of that Box, in an uptrend.
You will acpe this would be a big move to lowwer support, probably back to wicking down to the 17K Mark on a weekly Candle
PA needs to break UP
Lets see
I notalso note that the Descending channel that PA is in, is getting tighter and currently, as PA remains pressed under the line of resistance, the other line Gets closer.
Time is running out for PA to react and react it Must - As you can see, the 112 day limit on the right is exactly when the two lines of Resistance cross each other
Failure of PA t esed the similar time spans, as marked on the chart, and the 3rd should see us out of that Box, in an uptrend.
You will acpe this would be a big move to lowwer support, probably back to wicking down to the 17K Mark on a weekly Candle
PA needs to break UP
Lets see
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