Upward Channel 📈: The price has been moving within an ascending channel, bounded by two parallel red lines, suggesting a long-term upward trend.
📊 The price is near the lower boundary of the channel, which often acts as support. The chart suggests a potential upward move from this point, as indicated by the red arrow pointing higher.
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.