The price has fallen to the support zone of the weekly 50 EMA but formed bullish divergences and started to bounce. We might see a retest of the lower boundary of the triangle and the Point of Control (POC) or the resistance level at $26,650.
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.