Price was in a downtrend and broke the resistance line and is currently consolidating. MACD is bullish and price is trading above EMA ribbon. RSI is overbought which tells us that it might retrace a bit before going back up.
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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.