The price is climbing back within the green channel. In recent weeks, it reached the long-term support area of $65-66 (indicated in blue) and regained strength. Now it is preparing to break the purple resistance in the coming week.
A close above will start the next bullish impulse towards the ATH indicated by the light blue resistance
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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.