My answer to the topic is yes, but it may take some time. here are my reasons: firstly, the price is moving in a bullish channel, and closing to the upper channel, which indicates resistance to the current price. secondly, according to volume profile, the price is in the chips concentration area, which verified the resistance level is important. so, the price may continue to go up after a short-term pullback.
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.