The price bounced from 1.50000 level with RSI confirmation. It’s going to break 2.00000 resistance level. If the market can move above this resistance, it will give us a signal confirming further upward movement. MACD supports the idea that the market is going to move upward. DMI tells us that the bears are not so strong and it allows us opening long trades. All these signals give us a new buy opportunity. If the price breaks the previous swing high, we'll be able to open new long positions.
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💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
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.