Looks like there is some support buying here at the current prices. When zooming out we are also in a support zone as well. The wedge in the middle also shows potential. The wedge of course is not great, since it moved back in slightly. But because of those yellow zones on the right, i think there is good potential for this one. So assuming this theory is real, we should not drop below that green in the middle
Previous analysis:
Previous analysis:
We can see on the daily (left chart) the whole idea is still alive though.