As we can see from the chart a bull flag was formed and a breakout as already occured. However there is still some resistance on the $1,200 - $1,230, which has proven to be a sufficent on, so i would be wary We might see another consolidation here Nonetheless, we could potentially see a 22.07% increase in price
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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.