Potential reversal from short term downtrend since Jul 2021, if it successfully breaks above $40.
If convicted above 40, near term support is back at 36 (2nd last lower low).
Possibility of pullback at 40 with RSI at overbought. Inclination is downwards.
If convicted above 40, near term support is back at 36 (2nd last lower low).
Possibility of pullback at 40 with RSI at overbought. Inclination is downwards.
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Disclaimer
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.