1. Long-term trend - price ranging sidewards. 2. In the shorter-term the downward trend is expected to reverse as the price is about to hit the SUPPORT level as well as the merging triangle pattern. 3. the price level is likely to bounce back and froth between the resistance levels, but is expected to keep rising in the next few weeks.
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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.