The price is near a strong support zone and it has formed a falling wedge.
There is a MACD divergence with three confirmations so we are expecting the price to bounce and head up into the resistance.
There is a MACD divergence with three confirmations so we are expecting the price to bounce and head up into the resistance.
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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.