More confirmation gonna move to 38. , especially if price maintain upside 28. or break upside 30 on SOS. And a break under 27.-28 on heavy supply would make us aim at a retracement to the 21.-23. area., and if it happens it is good to pay attention at the 25 area till there's also a change of light supply appearing there, pushing the price higher again.
Daily
Initial stop in action of the upward movement happened on the 11th August, after it price has been showing supply dominance ever since struggling to maintains upside.
Weekly
Showing demand absorption at the current weekly candle formation during the touch of 31, while the demand is increasing and putting effort.
Monthly
Last May showed supply absorption signs at the 21. area. & for June price got dragged to the 14. on heavy supply to after getting absorbed. And then in July going test the 15. area again showing supply effort but with a bit of decrease of it. And for this current month demand seems to be maintaining it since it did hold on the 20. support, but we can see demand putting a lot of effort for maintaining the price upward, which is telling that it probable gonna retrace before going higher.
Daily
Weekly
Monthly