The price is currently confined below the red trend. As you can see there is head and shoulders pattern, positive sign. The price is currently centered under the channel. In order for the price to be freed from this area, it must break the descending trend in red. Then break the neckline shown in red. Perhaps it reaches Anchored VWAP and may give us a new bottom. The price will start up, You also see the chart full of Resistance levels and little of supply levels ..
Optimistic and I feel that the price will jump up soon ..
Optimistic and I feel that the price will jump up soon ..