Trading volumes have increased and the chart has successfully consolidated above the descending channel.
The price broke above the 50EMA on the 4H TF.
The 50EMA broke up through the 200EMA on the 1H TF.
I believe the asset will continue to rise after holding support.
The price broke above the 50EMA on the 4H TF.
The 50EMA broke up through the 200EMA on the 1H TF.
I believe the asset will continue to rise after holding support.
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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.