Price bounced from trendline two times, maybe you can use the next bounce for going long. Alternatively going short would also be possible if price breaks the trendline. But the overall trend is upwards, so I wouldn't recommend going short!
Trade carefully!!!
Trade carefully!!!
Note
We have another support in between:Note
You can also drag the trendline back 13 days, nice fitting on log scale!Trade active
Didn't recognize the triangle -.-Opened long position @4330
Let's see how far we get!
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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.