As we can see, the price bounced off the support zone and went up. This means that the price has gained enough strength to grow. Note that since January 4, the price has followed the zone. There were moments when the price repelled from it, but also when it broke through. Today's idea is also dominated by the support line, which has never been broken by the price.
Today I expect that the price will be able to bounce off the support line and begin its growth to the resistance level. As in the other, it will be a profitable rise in price.๐
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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.