From my perspective, I believe we are in a bullish channel and now in midway, I would be expecting to reach purple resistance this week, a little correction there or range then top of channel.
Although we have had a sharp bearish candle but yesterday price could make it up and make the daily candle close, above other daily candles from 2 days ago.
This is not a signal, do not open any positions with this analysis.
Stay tuned for our next update.
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