The resistance level with the upper border of $20,460 was broken on the Daily timeframe on September 9. The trend is bullish now and the impulse wave develops.
A pullback buying opportunity will appear after the correction formation on the Daily timeframe.
In case of successful development of the trend, a more distant target will be on the highs of June 6 – 8, where the next resistance is located with the borders of $31,400 – $31,965.
Long positions will remain relevant until the market is above the nearest support level on the Daily timeframe, the lows of September 6 – 9. The borders of this support are $18,395 – $18,777.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.