Despite the general euphoria and hope for a continuation of the long-term uptrend, it seems that only moderate growth can be expected in the short term, followed by a return to the previous support line. At the same time seems that the rising wedge pattern is in the process of forming, if confirmed, a downward breakout is possible.
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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.