Price has pierced the resistance zone 65150, but wasn't able to stay above it. The level is strong, as it stays together with upper boundary of the descending channel, which price wasn't able to break successfully for now and got rejected. Looking forward for the price to test the demand zone at 58k. Despite this, be careful, as we are in the uptrend on higher TF, and price sitting in this channel while accumulating before the trend continuation will happen.
DYOR
DYOR
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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.