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Reasons: - Support level 1640 $ - Price trades in Rising Wedge - The resistance level is 1700 $ - I think the price may continue to grow at least to the resistance level - To open position only after setup which you personally trade - Always do your own research before opening positions and always put SL
If you have your own opinion or thoughts about the current market situation, feel free to write it in the comment below! THANKS
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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.