The yellow trendline has been mostly respected since the beginning of December 2020.
Blue lines are supports.
Red lines are resistances.
The purple rectangle is a demand zone.
The yellow trendline seems close to breaking, but the price could bounce as well.
Marked as long because I'm bullish long-term.
Blue lines are supports.
Red lines are resistances.
The purple rectangle is a demand zone.
The yellow trendline seems close to breaking, but the price could bounce as well.
Marked as long because I'm bullish long-term.
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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.