- About a 20% chance for a run to test the $7750 resistance at max before retracing to $7050-$7450 Buy Zone. - 20 day moving average is acting as a strong resistance. - About an 80% chance for a downward breakout from the ascending channel that has formed, & another retracement to the ascending support 'buy zone'. - The course could run over the next month; I expect bullish momentum in July - August.
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.