On the CCI, 4 bottoms are visible, 3 of which pierced the level of -200, which only increases the chance of growth. Therefore, it may be retest to 50% Fibo, after which a new trend test.
But also, the price may fall back to support 19.9 and then to 78.6% of the Fibo grid. Since this is a strong level of correction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.