Resistance at 2955 plays a key role. The clear line shows the bears' defense, which is gradually giving weakness and can be broken. A break of 2955 will open the way to 3000.
Bulls are buying the potential within the rising support line. Any false breakout or touch of the line is aggressively bought out and the price rises. This could continue for a long time for fundamental reasons.
Scenario: waiting for either a break of resistance or a false break of support. Medium-term target of 3K is still relevant
Bulls are buying the potential within the rising support line. Any false breakout or touch of the line is aggressively bought out and the price rises. This could continue for a long time for fundamental reasons.
Scenario: waiting for either a break of resistance or a false break of support. Medium-term target of 3K is still relevant
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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.
❤️ Telegram channel: t.me/AndeWave
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.