The price is expected to break through the resistance trend line and establish a continuation of the uptrend. If the price breaks through the support area, the above scenario will be invalidated and a continuation of the downtrend will be likely.
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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.