As you see, the price is fluctuating within an uptrend channel and currently, the price is fluctuating close to the bottom of the channel.
If the trend does not enter below our support line and can break the resistance line ahead and stabilize above it, we expect it to reach the ceiling of the channel.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
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.