#ILV
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 87.00
Some minor correction is expected before completing the rise
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 87.00
The first goal is 112.00
The second goal is 132.00
The third goal is 151.99
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 87.00
Some minor correction is expected before completing the rise
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 87.00
The first goal is 112.00
The second goal is 132.00
The third goal is 151.99