As we can see, the price has come to the level and the support line. From September 2, the price pushed away from the resistance level and began its downward movement. During the fall, the price was able to break through the resistance line, which originates in January 2020.
It can be seen that the price tried to bounce off the level, but it failed and the price returned to the support level again. Today I expect the price to bounce off the level and continue its upward movement. I think it will be a good and profitable rally towards the resistance line.๐
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.
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.