The trend is bullish and the price is currently bouncing off a zone of support. As it can be clearly inferred from the chart, the price is nicely forming a "W" formation. We are expecting the price to keep rising and reach the zone identified on the chart
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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.