Hi snipers. On the one-day timeframe, the price is fluctuating in an ascending channel. It has now reached the middle line of the channel and the 103-day moving average support line is below it, which will help the price to move up again and reach the channel ceiling. If this support is broken, the price is likely to fall to the channel floor. This analysis is just a possibility. It is not a trading recommendation.
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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.