The monthly chart shows a respected trendline and although we are only early into the month of August, this could be the optimal time to look for buyers to come into the picture. Diving down into the smaller time frames, you will see a sharp move lower recently. Price is certainly in need of a correction if nothing else.
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.