The price has been in a very strong bullish movement overall for quite some time. It has formed an ascending channel formation. We do believe that the price will reverse back to the support line and then move back to the resistance line. The price might make a breakout there. We will wait for confirmation.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.