Long term support in form of a very wide channel. Re-establishing its presence in the next days? Channel is extremely wide, $4000 is a psychological barrier, if breached, the lower bounds of the channel must hold. When closing 4h over 50% of channel, maybe bullish for a we days.
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.