Price is ranging in a descending channel respecting a resistance line. MACD is showing some bullish weakness, RSI and EMAs are neutral. Price is currently moving down after getting rejected off the resistance line, it is expected to keep moving down and liquidate the equal lows at $85.
Price is ranging in a descending channel respecting a resistance line. MACD is showing some bullish weakness, RSI and EMAs are neutral. Price is currently moving down after getting rejected off the resistance line, it is expected to keep moving down and liquidate the equal lows at $85.