Could you enlighten all of us about your trend change? It's been in a downtrend since 2017, but that's changed according to your analysis. Why? Don't lower highs confirm a downtrend?
On a monthly/ weekly basis, we see key developments. Buyers are entering the market below 37, and a recent Daily double-bottom pattern is worth noting. This pattern, formed on 29/02/2024 and 29/04/2024, has piqued interest. What could this mean?
The monthly chart has a low close doji. Overall sentiment over the time period could mean a test lower.
Price is trading below all moving averages, 200sma, 50 sma and 20ema, trading within a downtrend channel.
