As it can be inferred from the setup, we are expecting the price to keep rising for the following few reasons:
-Massive double bottom formed
-Strong bullish push off the double bottom area, indicating that the sentiment is clearly bullish
-The price is currently testing previously broken area of resistance
-Massive double bottom formed
-Strong bullish push off the double bottom area, indicating that the sentiment is clearly bullish
-The price is currently testing previously broken area of 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.