The support and resistance lines are diverging against the downtrend. This signals of a possible severe decline all the way to the level of $63. This is confirmed by Stochastic RSI which is in the overbought area as well as the price being close to the Bollinger Bands upper border.
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.
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.