The correction phase is over. It is confirmed by %R, reaching the bottom of the price range and converging support/resistance lines. It might be flat for a while, but the growth to the level of $800 or higher is almost certain. Not setting any targets, for the asset is quite promising and it implies going long.
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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.