- Short term wise, good chart formation with rounding bottom formed.
- Another bearish reversal signal - inverted head and shoulders has spotted as well.
- However, probably due to the nature of industry, this price seems to be stagnant within certain range and not attracting much market attention.
- Consolidation between 80c to 90c since June 2020 should be one of the concerns for traders.
- Can expect for a rally if managed to break super hard resistance of 90c which has been tested 5 times since June 2020.
Want to learn practical TA skill?
Want more potential bullish chart review?
Welcome to Subscribe to my Youtube channel @ta_bullplay
https://www.youtube.com/channel/UCy5LZTAhjCTguL1wyPbJ_4w