Google cannot stabilize on the top and price falled down reaching bottom of current upside channel
Today price can bounce and close a candle above purple trendline as confirmation
Is it possible (but less probable) that price break current channel heading down to next resistace at 130$
Today price can bounce and close a candle above purple trendline as confirmation
Is it possible (but less probable) that price break current channel heading down to next resistace at 130$
Note
Price stopped dropping at 1D SMA200 but movement is not completeIt must reach 130$ (or maybe a rapid touch to 128$) where a bounce can happen
Check purple trendline break for a confirmation of a new uptrend
Note
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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.