There is of course this quite significant channel that forms the base of this entire move, and also frames back further in time. After all was said and done, this wouldn't be surprising if it contained the price as it has done previously. Not to say it can't be sustained above it, because it certainly doesn't rule anything out, but it's there nonetheless.
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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.