Hello, dear subscribers! In the previous review we considered the possibility of bull attacking the resistance zone $11,800-$12,000 on the daily chart.
The attack took place, but the bulls could not get through the resistance. The current price is $11,440. On the 4-hour chart we enter the wide trading zone - $10,700-$12,000. On the daily chart MACD and RSI indicators show the upward movement weakening. The main market situation at the moment is the correction with targets - $11,150 and $10,700.