As mentioned in the previous analysis, with the weakness in the rising trend and the shortening of the moving lags, the price was expected to fall more than its rise, which happened when it left the triangle and reached the support area of 20800.
Currently, the price can be included in the ascending channel, the bottom of the channel has been broken, and with the stabilization of the price below 20800 in the lower time frames, due to the strong downward momentum and high volume, the price is expected to fall to the specified areas. The price and maintaining the support of 20800 was expected to correct to the area of 22600 and continue to fall.
Currently, the price can be included in the ascending channel, the bottom of the channel has been broken, and with the stabilization of the price below 20800 in the lower time frames, due to the strong downward momentum and high volume, the price is expected to fall to the specified areas. The price and maintaining the support of 20800 was expected to correct to the area of 22600 and continue to fall.