Strong buying came into play at the $29 supply/support zone which we last saw tested and rejected twice back in December 2024.
After a brief pause at $31 on Thursday, buyers took price to a high of the week at $32.27
It's possible that we might see a pullback and correction, testing $31 which was support in February this year.
This is just an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
After a brief pause at $31 on Thursday, buyers took price to a high of the week at $32.27
It's possible that we might see a pullback and correction, testing $31 which was support in February this year.
This is just an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
Low-Cost Trading, for everyone, everywhere.
Disclaimer
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.
Low-Cost Trading, for everyone, everywhere.
Disclaimer
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.