The dynamic support, has arisen from the lows reached by the prices in March, sees right now testing its trendline.
Although it seems to have been a breakout, it is important to follow developments in this area.
The intersection of both levels should prompt us to monitor the market with extreme attention, precisely because of this area could have important counter bullish, or confirmation of a breakout down.
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.