A breakout above the upper trend line has been confirmed, indicating a potential continuation of the uptrend. This bullish development suggests that buyers are regaining control, and a further price increase is possible. Key resistance levels will be closely watched for potential pullbacks.
As we approach Christmas and the New Year, market volatility may increase due to thinner liquidity. Traders are advised to remain cautious and adjust their strategies accordingly.
Wishing you a joyous holiday season and a prosperous New Year!
Target: $100,000
Stop Loss: Approximately $94,000
May your trades be merry and bright