GetKnowTrading
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What we can see from the start of the week is that the price has moved to $1.19037 and from there reversed back up next to resistance level at $1.20000.
From there the price returned back down and ended the week with the close right on the support level.
I am still bearish oriented because the price is returning back to support level at $1.19037. It means the selling pressure is strong and eventually will break down.
From there the price returned back down and ended the week with the close right on the support level.
I am still bearish oriented because the price is returning back to support level at $1.19037. It means the selling pressure is strong and eventually will break down.