Price managed to reclaim territory at the top of the ascending channel and is now facing resistance. If price manages to break above this channel and hold support then the next target after that could be previous all time high. But for now price is battling with resistance and there’s a chance it might go back down to the bottom of the channel if price does not hold above the midline. DYOR…
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.