MITH seen from the temporality of 1D we can see that the price has reached the zone of demand, the bulls have to get to hold this position if we want to see a pullback to the parallel channel that was broken in the previous candle, the bulls have to push strongly the price to get to claim the support of the channel and thus be able to continue rising, if not to claim the support or if the demand in 1D is not enough to hold the position is very likely to see the price fall to 160.
MITH seen
MITH seen from the temporality of 1D we can see how the current candle has found support in the 494 making a double floor, however, we can also see that the price when reaching the resistance of the 546 was rejected causing the current sales force, if the candle closes below the aforementioned support, it is very possible that we find a good entry in the support below the 401, with this would be forming a very bullish setup when claiming the support of the 494.
MITH seen from the temporality of 1W we can see how the previous bearish candle
