As seen in the graphic following the news of the termination of three-year sponsorship deal with a European fintech company on the 22nd Oct the price plummeted down breaking the essential support at 5.00, It started a descending channel down to 3.75.
My Idea is that there could be a possible double bottom with a reversal pattern as indicated by the drawings.
Let me know in the comment what you think .
My Idea is that there could be a possible double bottom with a reversal pattern as indicated by the drawings.
Let me know in the comment what you think .