The trend is super bearish, no signs of a bullish reversal can be noticed for the moment. We are expecting the price to break that falling wedge and keep dropping till the 2021 low. It will take a bit of time, as some pullbacks are anticipated, but we will eventually get to that price mark.
Happy trading, everyone!
Happy trading, everyone!
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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.