Hi traders!
The price has been in a very well respected channel since November 2022. We are expecting the price to retest the upsloping support and from there to continue the upward trajectory.
The long position can be taken at the upsloping support and the target would be at the upsloping resistance which is the upper boundary of the channel.
The price has been in a very well respected channel since November 2022. We are expecting the price to retest the upsloping support and from there to continue the upward trajectory.
The long position can be taken at the upsloping support and the target would be at the upsloping resistance which is the upper boundary of the channel.
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