Current resistance is not really clear. We have not tested this upper trend line yet. As you can see below I expect a test of support. Though after that it's possible the upper trend line that has not been tested yet gets tested. Overall this still looks very bullish just expecting short term pull back.
The MACD and RSI indicators look like market will go down and hit support line around $17.
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.
