On the macro scale, the price has approached the initial major support band at 28–22.
We anticipate that a new base will start to form within this area, creating conditions for a subsequent move higher toward the broader 62–80 macro resistance zone.
Chart (Monthly):
We anticipate that a new base will start to form within this area, creating conditions for a subsequent move higher toward the broader 62–80 macro resistance zone.
Chart (Monthly):
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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.