Description :
Probably out of the uptrend and lost support in the strong downturn that occurred
It is currently between a support and a resistance that if it breaks its resistance can hope for an uptrend
But if it loses its support, we can expect a drop to $ 10 and $ 7
If the market does not reverse its uptrend and start a downtrend like in 2017, touching $ 7 will not be far from expected, but it can be a good point to enter.
Also, the MA 200 is broken and uncomfortable, and indicates a further decline.
But if the market reverses the uptrend and the resistance is broken, one can expect to touch $ 50.
Probably out of the uptrend and lost support in the strong downturn that occurred
It is currently between a support and a resistance that if it breaks its resistance can hope for an uptrend
But if it loses its support, we can expect a drop to $ 10 and $ 7
If the market does not reverse its uptrend and start a downtrend like in 2017, touching $ 7 will not be far from expected, but it can be a good point to enter.
Also, the MA 200 is broken and uncomfortable, and indicates a further decline.
But if the market reverses the uptrend and the resistance is broken, one can expect to touch $ 50.
