Big pullback from all time high, about 55 %. Consolidation above previous support - 22.50 usd . Last 3 days closed on top of the 7/10 MA. Also we have a MACD crossover on daily timeframe, which indicates that previous trend it's changing. If we manage to breakout and close above the resistance area, we could reach first target - 35.52 usd, ( golden's fibonacci ratio) and second one - 39.69 usd in short time.
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.