The price is currently above the 50-day moving average, indicating bullish momentum in the short term.
Bollinger Bands :
The price is near the upper Bollinger Band, indicating bullish pressure, and a potential continuation of the uptrend if it breaks above this band.
Support and Resistance :
Immediate resistance seems to be around 55.09 (based on previous highs).
The nearest support level is around 50.00, where it has recently bounced.
Volume Analysis :
The recent price rise is accompanied by an increase in volume, which supports the bullish trend.
Candlestick Pattern :
The candles have formed higher highs and higher lows, another indicator of bullishness.
In summary, the overall outlook is bullish with potential resistance near 55.09. A break of this level could lead to further upside, but failure to break might cause a retracement toward support levels around 50.00. Keep an eye on volume to confirm any breakout.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.