Price is clearly moving in an uptrend and has pulled back to the 20EMA (blue line) with a bearish close. There is potential for price to find support here and buyers to start entering the market again with a view to creating a higher high in the trend.
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.