A new local resistance level was formed. If at the opening of the market there is a true breakdown of this resistance level, then the price will go up to $ 2200 - 2400.
But since the price is at the top and in the overbought zone, it is logical to expect a slight correction to the $ 1845 - 1894 zone and then watch the reaction. If the price bounces off this zone, then most likely this is a set of positions with further growth, if sellers break through this zone, then you need to wait for a decline to the support level of $ 1792.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.