I expect a short consolidation b4 new ATH (1 day or so) if we are going to new ATH and beyond.
Lower liklihood IMHO that ATH range leads to rejection to 7XK, however it is possible. Price action around this resistance will be informative. I think price action will reveal this to us by a prolonged struggle at the current resistance if that is likely to be the case. Just as there was prolonged struggle at daily after hitting weekly.
Lower liklihood IMHO that ATH range leads to rejection to 7XK, however it is possible. Price action around this resistance will be informative. I think price action will reveal this to us by a prolonged struggle at the current resistance if that is likely to be the case. Just as there was prolonged struggle at daily after hitting weekly.
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.
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.