There are two main scenarios: either the support at 0.786 breaks through and we go for another ATH, or the support holds and we can watch for a possible correction. If that happens, we can test the levels somewhere around the previous low and if the trendline breaks, we can test the levels around 87k, but we are currently waiting for further signals.
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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.