It is touching its 55 EMA on a daily candle timeframe.
It is at a point that served as resistance on February 8 and which subsequently functioned as support on 2 occasions, so it could be considered a strong reaction zone.
It has been in an uptrend since November 2 of last year, a continuation could serve to send prices to new all-time highs.
The money flow indicator double bottomed between April 21 and 29 and then began to rise (a situation that is not yet reflected in the price).
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.