US30 touches RESISTANCE line and FALL

15 февр. 2021 г.

After a sharp jump in growth in November 2020, the price has maintained an uptrend and is now continuing to move in it. In this case, the guiding lines are the support line formed in November and the resistance line that appeared back in January 2020.

There is also another support line - also in January - which provides the price with a support zone, that is, the risk that the price will fall over two lines is minimal at the moment. So now I expect that after the price touches the resistance line 31772 it will fall to the support line 30777. This will be our target.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻