Weekly chart:
On the weekly chart i used a Pitchfork.
As you can see the price is respecting the median Line
For this reason i expect the price to move lower .
The last 3 weeks were characterized by a weak bullish momentum.
Daily chart:
The price is moving up from the 61.8 fibo retracement.
I expext it to move lower to the selected zone as for weekly analysis
On the weekly chart i used a Pitchfork.
As you can see the price is respecting the median Line
For this reason i expect the price to move lower .
The last 3 weeks were characterized by a weak bullish momentum.
Daily chart:
The price is moving up from the 61.8 fibo retracement.
I expext it to move lower to the selected zone as for weekly analysis