Price is moving in an uptrend creating higher highs, however it is failing to break the resistance at $517.4. MACD is in a bullish territory and RSI is bough plus price is trading above EMA ribbon. In addition to all those bullish indications, price has tested this resistance level multiple line so we should expect a breakout soon. Overall price is expected to reach the daily supply zone.
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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.