Looking at the #3day #chart of #link. It has broken out of the #resistance level it has been fighting since it put in the last high on the Feb 18. That being said, if we continue to take out the highs of previous 3 day candle closures, I would consider the #probabilities that it at least retests the top of that rising resistance line at around the 40 to 45 dollar range. if we can hop over that and hold support, we can likely test the 55-60 dollar range. I will consider it a reversal if we break and close a 4-6 hour candle under 20.50 usd, with a lower target of around 12-15 usd.
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.