The breakout of the symmetrical triangle with the boost of volume might continue the bull run further but in a larger picture, the breakout of the consolidation range was accompanied by a decrease in volume and the losing momentum that can drive the price lower. Early investors/traders must wait for a retest.
Support - $1.54 and mentioned EMAs
Support - $1.54 and mentioned EMAs
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Related publications
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.