Given the recent upward wave, a trend reversal—leading to the start of an uptrend—is expected following some volatility and a correction within the support zone. Should the price break below the support zone, a continuation of the downtrend is likely.
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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.