Hi everyone
The uptrend is likely to continue, but it is likely that the price will retreat to the daily demand area, which ranges from $ 72.06 to $ 81.23, and this move will allow cows to resume the uptrend
In that case, the price could be as high as $ 100. It is also possible that the bulls may continue to rise sharply, during which cows could reach the final target of $ 130
On the other hand, if the price can not be maintained above the level of $ 72.06, this indicates the weakness of buyers, and with the closing of the daily candle below it, the uptrend scenario will be nullified
In this case, it is likely to be reduced to the $ 60 support level
Good luck
The uptrend is likely to continue, but it is likely that the price will retreat to the daily demand area, which ranges from $ 72.06 to $ 81.23, and this move will allow cows to resume the uptrend
In that case, the price could be as high as $ 100. It is also possible that the bulls may continue to rise sharply, during which cows could reach the final target of $ 130
On the other hand, if the price can not be maintained above the level of $ 72.06, this indicates the weakness of buyers, and with the closing of the daily candle below it, the uptrend scenario will be nullified
In this case, it is likely to be reduced to the $ 60 support level
Good luck