The weekly apex is not until ~June (Q2) of this year.
The entire structure is being held by a weekly uptrend marked back in October 2023. Although current price is being held by a weekly support at $460, the uptrend is what important here.
Breaking below the uptrend will result in a drop the following tested supports at $304-$360
A break OUT of the apex will result in a move up to the tested resistance at $711, then $785 if $711 breaks. considering $711 has already been tested there is a chance that it will likely reject hard at $785.
The entire structure is being held by a weekly uptrend marked back in October 2023. Although current price is being held by a weekly support at $460, the uptrend is what important here.
Breaking below the uptrend will result in a drop the following tested supports at $304-$360
A break OUT of the apex will result in a move up to the tested resistance at $711, then $785 if $711 breaks. considering $711 has already been tested there is a chance that it will likely reject hard at $785.
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إخلاء المسؤولية
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.