Based on HTF (Daily), the price is currently in an uptrend and approaching a previously broken weekly resistance level, which has now turned to support.
If the bullish trendline and support level are respected, a bullish candlestick signal would be a signal for a bullish move, while a break below the support level would be an indication of a fall to the next support area.
If the bullish trendline and support level are respected, a bullish candlestick signal would be a signal for a bullish move, while a break below the support level would be an indication of a fall to the next support area.
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