Currently the trendline and previous resistance level (173 - 179) are stopping it from going upward.
Fib 0.618 level is also near (184) which will be again a major hurdle before it goes further up towards 223 and 273.
However, RSI, MACD and Stoch are fine that suggest no extreme pressure for the price to go downwards yet.
Fib 0.618 level is also near (184) which will be again a major hurdle before it goes further up towards 223 and 273.
However, RSI, MACD and Stoch are fine that suggest no extreme pressure for the price to go downwards yet.
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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.