Hello 🐋 Based on the chart, the price is close to the parallel channel support area and in triangle pattern if the price doesn't break the support zone to the downside and breakout of the ascending channel completed, we will see more gain, at least to our upper trend line 🚀 otherwise we can see more correction to lower support level before hitting the upper resistance area ❌🧨 besides, the range market is acceptable scenario too 📖💡🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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. Read more in the Terms of Use.