Chart Features:
Time Frame: 1-hour candlestick chart.
Trend Lines:
An ascending wedge pattern, indicating a potential bearish reversal if the price breaks below the lower trend line as well as forming bearish divergence.
Fibonacci Retracement Levels:
23.6% at approximately $439.48
38.2% at approximately $433.67
50% at approximately $427.66
61.8% at approximately $422.82
Price Levels:
Current price is $451.75.
Notable potential targets:
$453.13 (Potential Resistance)
$455.64 (Higher Resistance)
$442.74 (Potential Support)
Support and Resistance:
Current resistance levels around $453.13 and $455.64.
Support levels at $442.74 and lower Fibonacci levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
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