In the 4 hours chart, we see that the bullish trend line was broken downwards, but the price refused to continue to decline when the support zone was reached.
After reaching the support level, the price made an accumulation in order to take morepositions before making a strong upward movement.
Based on this, we can assume that the bullish trend is still ongoing and ATH is still the target for the market price and investors.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
After reaching the support level, the price made an accumulation in order to take morepositions before making a strong upward movement.
Based on this, we can assume that the bullish trend is still ongoing and ATH is still the target for the market price and investors.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
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