On the daily chart, we see that the bullish trendline was broken with a test of the support area, which was rejected and started the bullish trend again. Looking at the 4-hour chart, we see that after the upward movement, a short-term bearish trend started, which was broken. ATH is now the only remaining area of resistance. I expect the market to retest the previous high and break it out.
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This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
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