The daily line is a relatively long bullish candlestick, with trading volume increasing by about one-third, and the price has reached a historical high, maintaining a strong trend.
Currently, it is a rebound on the 2-day line inside the 1-day line rebound inside the 2-hour EMA52 rebound inside the 15-minute rebound. There is no top divergence pattern on the 15-minute level. Aggressive traders continue to buy on the 15-minute EMA52, while conservative traders buy on the 2-4 hour EMA52.
The MACD on the 1-day line is still showing an increasing momentum above the zero line, indicating that the price still has further upward potential.
Daily level resistance at 128500-135600, support at 118600-114700-109920.
