As you can see, after breaking the bearish wedge, the price dropped sharply. The question is, how far will this price decline continue? In my opinion, the price could remain bearish until the PRZ (Potential Reversal Zone), which is around the 104.600 level. After that, an increase in buying pressure could lead to a price rise to higher levels.
📥┃Telegram: t.me/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Trade smarter, not harder.
Automate your crypto strategies with Veles Finance — no coding, just profits. 🚀
veles.finance/invite/cobravanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Trade smarter, not harder.
Automate your crypto strategies with Veles Finance — no coding, just profits. 🚀
veles.finance/invite/cobravanguard
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📥┃Telegram: t.me/CobraVanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Trade smarter, not harder.
Automate your crypto strategies with Veles Finance — no coding, just profits. 🚀
veles.finance/invite/cobravanguard
📥┃Advert/Partnership: t.me/Cobravanguardsupport
📥┃Trade smarter, not harder.
Automate your crypto strategies with Veles Finance — no coding, just profits. 🚀
veles.finance/invite/cobravanguard
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.