If you open a 1W chart and look at the 20 EMA line, you can find out that it's often works as a strong support.
The price touched it today and bounced back. This correction is either over or ends very soon.
The price touched it today and bounced back. This correction is either over or ends very soon.
Note
Strong support has been broken :(
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Disclaimer
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.