In this time frame, after hitting the support range of $1357, the price has changed its trend and entered the upward phase, and has risen to the resistance range of $1664, which the price has already reacted to this range, and has been rejected. If it can cross this resistance range, we will expect a further rise to the $1810 range, otherwise, with the breaking of the support range of our upward trend line, we will have the possibility of falling to the $1474 range.
Support range: 1597-1545-1474 Resistance range: 1664 - 1726 - 1810
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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.