CONFIRMED $MASK DESCENDING CHANNEL?
We investigate the potential for MASK to fail to maintain the critical level of 2. For the potential declining channel it might form towards 1.343, we have created a study. It will take more time to find a new significant support that can sustain its price. However, the benefits will also be better the longer it takes to develop significant supports.
The ideal location for $AR to maintain its position!
The recently formed resistance has been retested by AR at 24.27–26.75. Right now, there are a lot of sell orders in this price range. However, AR has a propensity to repeatedly retetest these crucial levels in an effort to erode its structure. It will get weaker each time it tries to break through the obstacle, but the supports holding it in place also experience this. We can observe improved movement from AR if additional demands come in from 19.216, 19.966, and 20.584.
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Stay wise, trade cautiously.
