I believe that the first support level is strong enough to push up the price again. Because the previous support was really sharp and this makes it stronger. But we have a bearish dynamic trend line that resists. Also, the price is still under the EMAs. These factors show that we've got a bearish signal...
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.