#BVM
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
We have a green support area at 1.31 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend that has been broken
Entry price 1.76
The first goal is 2.37
Second goal 3.03
Third goal 3.66
The price is moving in a bearish channel on the 4-hour frame and is largely sticking to it
We have a green support area at 1.31 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with an uptrend that has been broken
Entry price 1.76
The first goal is 2.37
Second goal 3.03
Third goal 3.66