Hello everyone! Yesterday, the supertrend indicator gave a buy signal. Today, the asset broke through two strong resistance levels with an impulsive movement and has currently held above them. In my opinion, this is a positive signal for growth. On the chart, the 200 EMA is forming, and if the asset remains above it in the next few days, it would be a truly bullish signal. We can expect a steady growth towards the 0.618 Fibonacci level, which is +74% from the current levels.
Furthermore, the asset may go on to break its all-time high (ATH) if it manages to do so.
Please note that this is not financial advice, and all actions you take are at your own risk.
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