The chart is forming a symmetrical triangle which signifies a trend continuation. The price may bounce to another support before retesting the ¢6.93 level, and a potential bounce to the upside!
This is my first ever analysis, a feedback would be appreciated!
-JISOO
*NOT A FINANCIAL ADVICE*
This is my first ever analysis, a feedback would be appreciated!
-JISOO
*NOT A FINANCIAL ADVICE*
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The price broke into the symmetrical triangle. However, it is approaching
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the make or break levels at around ¢ 9.7 level. If it break the overhead resistance at this level, expect a trend reversal. If it fails, the triangle may act a support and continue to the previous target. - JISOO
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P.S. There is also a decrease in volume so be mindful!