When the price hit a high on the monthly chart it usually fell back to support which I noted in the green box, this tells me The likelihood of another bullish rally is very slim compared to a correction, so if you look at the monthly you can see that there is a correction incoming and the price is touched to the green box multiple times before going back up. So therefore I think price will fall to support before going back up
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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.