The current technical analysis suggests that the price has been consistently reaching higher highs, yet approaching a significant resistance level. Furthermore, the RSI indicator nearing the overbought zone implies a potential reversal, indicating a possible downward movement in the near future.
Disclaimer
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.
Disclaimer
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.