As we can see, my last prediction came true. After a short stable movement along the resistance line, the price fell sharply.
At the same time, it should be remembered that during the last month the price was moving in an upward channel, and now it has broken through it and exited this channel. As I expected, now the price has come to the support line. This is a very strong line that has been holding back the price drop since 2017.
Therefore, I expect that this time the price will stop, bounce off this line and grow to a strong resistance zone at the intersection of the line and the resistance level.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
I agree with you