Price is currently approaching the 20,347 ๐ผ resistance zone after a strong bullish rally from the 19,150 ๐ฝ support level. The market structure remains bullish with consistent higher highs and higher lows, showing strong buyer momentum.
Support at: 19,670 ๐ฝ, 19,150 ๐ฝ, 18,500 ๐ฝ, 17,600 ๐ฝ
Resistance at: 20,347 ๐ผ, 20,600 ๐ผ, 21,000 ๐ผ
Bias:
๐ผ Bullish: If price breaks and holds above 20,347 ๐ผ, we could see a continuation toward 20,600 and 21,000.
๐ฝ Bearish: A strong rejection from 20,347 ๐ผ could send price back down toward 19,670 and 19,150 for a retest.
๐ Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 19,670 ๐ฝ, 19,150 ๐ฝ, 18,500 ๐ฝ, 17,600 ๐ฝ
Resistance at: 20,347 ๐ผ, 20,600 ๐ผ, 21,000 ๐ผ
Bias:
๐ผ Bullish: If price breaks and holds above 20,347 ๐ผ, we could see a continuation toward 20,600 and 21,000.
๐ฝ Bearish: A strong rejection from 20,347 ๐ผ could send price back down toward 19,670 and 19,150 for a retest.
๐ Disclaimer: This is not financial advice. Trade at your own risk.
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.
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.