The price is approaching the supply area, which I can imagine, considering the slowness of the price movement, it can go up to the area of 29-30 dollars and then enter into a deeper decline.
The stop loss can be placed behind the static area.
The stop loss can be placed behind the static area.
Note
First resistance area 20-21Note
The best and most reliable entry trigger is after breaking the dynamic trend lineNote
According to the progress analysis, it has touched the support line several times, this time if the support is weak, the fall will be deep
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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.