The pair has reached the support zone of the descending triangle, oversold and we can even see some good ol' bullish divergences. Dip below the range will mean invalidation.
Note
It really is the same picture all across the board And for the record
Note
*in 2024
Note
We are getting close Maybe it will actually be 40-50$
Trade closed: target reached
The current structure no longer supports the bullish outlook.
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.