🔍 Technical analysis: Short -running channel
- The one -hour frame is moving after a modification in a short ascending channel.
- In the middle of the canal and in the area of resistance density.
- If it can be located above the area, it can have up to 6.25 channel ceiling and can grow with the middle of the canal to the supply area if the reaction.
💎 Alternative scenario: If it fails to break the resistance range and face the channel failure, it can modify the green box after the money.
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- The one -hour frame is moving after a modification in a short ascending channel.
- In the middle of the canal and in the area of resistance density.
- If it can be located above the area, it can have up to 6.25 channel ceiling and can grow with the middle of the canal to the supply area if the reaction.
💎 Alternative scenario: If it fails to break the resistance range and face the channel failure, it can modify the green box after the money.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Nota
At the moment, it has broken the resistance range with a high buying pressure candle, which has faced selling pressure when it collides with the middle of the channel, which can be the pullback to the broken structure for the target of $6.25. Nota
After not being able to stabilize the top of the supply area, it has had a corrective trend up to the green box. Nota
After not confirming above the supply area, it has followed a downward path. Currently, it is moving in a downward channel, in the middle of the channel, if it is fixed under the green box, it can continue the downward path and extend to the bottom of the channel and to the $3.12 range. If it is confirmed above the range, it can retest up to the ceiling of the supply area channel. Critical resistance: $4.69. Nota
According to the provided movement path, it has touched the target of 3.125 and faced the demand which can retest the supply area at the moment. 
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.