On the 4 hours chart, we can see that the previous ATH is now acting as a support line.
This makes the market more confident in higher highs. But steeper the trend gets, the less it will last.
We can also see that a double bottom formed at the end, which also supported the bullish trend.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
This makes the market more confident in higher highs. But steeper the trend gets, the less it will last.
We can also see that a double bottom formed at the end, which also supported the bullish trend.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.