Major support: around 4,655–4,660
Price reacted strongly from this blue demand zone multiple times.
Mid-range support/resistance: around 4,690–4,700
Current price is consolidating here after rejecting lower levels.
Upper channel resistance / target area: around 4,805–4,815
That highlighted “target point” zone aligns with the projected top of the ascending structure.
Trend bias: still moderately bullish while price remains above the ascending support trendline.
The setup suggests:
Holding above the diagonal support keeps the possibility of continuation toward the upper blue zone alive.
A clean break below the channel and especially below 4,660 would weaken the bullish structure and likely invalidate the upside target.
Visually, the market is compressing into a tighter range near the right side of the chart, which often precedes
Price reacted strongly from this blue demand zone multiple times.
Mid-range support/resistance: around 4,690–4,700
Current price is consolidating here after rejecting lower levels.
Upper channel resistance / target area: around 4,805–4,815
That highlighted “target point” zone aligns with the projected top of the ascending structure.
Trend bias: still moderately bullish while price remains above the ascending support trendline.
The setup suggests:
Holding above the diagonal support keeps the possibility of continuation toward the upper blue zone alive.
A clean break below the channel and especially below 4,660 would weaken the bullish structure and likely invalidate the upside target.
Visually, the market is compressing into a tighter range near the right side of the chart, which often precedes
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.