Two weeks now since bears have taken over. We see the price drop neatly follow the uptrend line (darkgreen) and the resistance line (black). RSI confirms that we can see a small retracement, but it will have to cross the big restistance and uptrend line to break the bearish trend.
Hope for new ATH this summer :)
Hope for new ATH this summer :)
Note
Huge resistance on the 200 EMA and great volume. Note
^50 EMA
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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.