In the daily time, it is moving in a descending channel, which is currently located at the ceiling of the channel of resistance, and if it can break the red box area, it can continue to the specified area and exit the downward trend and enter the medium-term upward phase. get a date
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After the long-term downtrend channel breaks, it is determined in the daily and weekly time and the supply and pullback area according to the moving path that is going up to the target. Therefore, any pool can be attractive to continue the path.
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Ranges of 0.03050 to 0.03662 for continuation support. As long as it is above 0.02440, the guard will continue to be bullish and touch the target on weekly time.
I see a retrace to .0343 area before moving forward I am very new at charting tho so we shall see
alikze
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@nickcald5, Green box area, to continue the path, the area must be preserved. Therefore, I expect it to continue in the green box area after paving. If it consolidates below the zone, the trade will be reversed.
@alikze, Hey again, you think based on the progress of past weeks, it still stay in track of what you said or thinking it can go down instead?
alikze
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@Vetpower, Ranges of 0.03050 to 0.03662 for continuation support. As long as it is above 0.02440, the guard will continue to be bullish and touch the target on weekly time.
I am very new at charting tho so we shall see