Hello friends! ✌🏼 Hope your weekend is fruitful and profitable!
Let me remind you that in November the price began to rise sharply. On its way, the price was able to break through the strong line formed in 2018. This means that the rise in prices has been very steady. Now the price has bounced off the resistance zone, which also originates in 2018. A similar point can be seen at the beginning of the zone. Now we can see that the price is steadily climbing up to the resistance zone.
Today I expect the price to continue its upward movement towards the resistance zone. After the price reaches the resistance zone, the price will bounce off it and start moving down towards the support zone.📉
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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.