SPOT has historically traded very technically. It'll break support/resistance, re-test, then continue on it's way for a while.
After our latest straight-line bull run we've effectively re-tested support, and are now hitting a new long-term resistance line. If this trend continues, we'll dip down to around $135 to the next support level.
After our latest straight-line bull run we've effectively re-tested support, and are now hitting a new long-term resistance line. If this trend continues, we'll dip down to around $135 to the next support level.
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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.