Two scenarios may occur, identified by numbers 1 and 2, the midline can play the role of support or resistance, which should be seen in the coming days! According to the RSI indicator, which is close to the sell line in the area, the price needs to be corrected, so we should see a price correction in the end.
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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.