A trend change is expected to form within the current support range and we will see the start of an uptrend. A break of the 78.6% level will likely lead to a continuation of the downtrend.
If the price consolidates above the green resistance zone, the uptrend is likely to continue. Otherwise, a correction to the support zone is possible.
The uptrend is expected to continue to the indicated resistance levels. Then there is a possibility of a trend change. If the price breaks through the resistance area, the uptrend may continue to the red resistance area.
A triangle pattern is expected to form at the current support level, and then we will see the start of an uptrend. A break of the red support level will likely signal a continuation of the downtrend.
Given the price behavior within the current resistance range, a continuation of the downtrend is expected. Upon breaking the resistance range, the continuation of the uptrend will take place in a volatile manner.
Given the price behavior within the current resistance range, possible scenarios have been identified. As long as the price does not consolidate above the resistance range, a continuation of the downtrend is likely.
A trend change is expected to form within the support trend line and the continuation of the upward trend is expected. A break of the resistance level will be a confirmation of the upward trend. If the support trend line is broken, a continuation of the downward trend is likely.
It is expected that a trend change will take place within the current support area and we will witness the start of an uptrend. Otherwise, a continuation of the downtrend with a break of the support area is likely.
As long as the indicator is above the green resistance zone and the resistance trend line is not consolidated, the continuation of the downtrend is likely. If the strong indicator breaks through the mentioned resistance zone, a long-term uptrend will be formed.
It is expected that the price will consolidate below the trend line and continue the downtrend to the specified support levels. In this case, a three-wave pattern will form.
Given that there is a possibility of a triangle pattern forming, it is expected that the price will change direction at the current resistance level and a downtrend will begin. If the price consolidates above the green resistance level, the uptrend will likely continue.
It is expected that the downtrend will continue to form until the specified support levels. Then there is a possibility of a trend change and the start of an uptrend. If the price breaks through the support area, the downtrend will continue to the next support area.
As long as the price fluctuates above the support trend line, the continuation of the uptrend is likely. If the price crosses the support trend line, it will be a confirmation of the downtrend and the start of a downtrend or correction is likely.
Given the price behavior within the current resistance range, possible scenarios have been identified. It is expected that after some volatility and correction, we will see a continuation of the upward trend.
The uptrend is expected to move in the specified direction and advance to the specified targets. If the indicator does not consolidate above the current resistance level, there is a possibility of a double-digit combination pattern. Then a correction is likely.