Descending triangle chart pattern set-up is about to form, Price has touched the declining trend line for the third time and is starting to reach its end. As of right now price has been consolidation for the past week on the 1Week Timeframe support level
Ichimoku indicator is currently stagnant. Which validates consolidation but is still on a bearish trend. Chikou span is under price. Kumo cloud is forming a bearish cloud and price has recently bounced off kumo cloud resistance
Ichimoku indicator is currently stagnant. Which validates consolidation but is still on a bearish trend. Chikou span is under price. Kumo cloud is forming a bearish cloud and price has recently bounced off kumo cloud resistance