1. The price's consistent position above the MA50 during a period of consolidation indicates a notable uptrend.
2.Upward trajectory of the MA200 further supports the indication of sustained bullish momentum.
3. Given the price's ability to stay above the established support level, there is possibly leading to a new high
2.Upward trajectory of the MA200 further supports the indication of sustained bullish momentum.
3. Given the price's ability to stay above the established support level, there is possibly leading to a new high
Note
There is still a possibility to grasp opportunities and accumulate gains.
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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.