As you can see in the chart, during this period, the price tried very hard to continue its movement outside the second red channel, but it did not have the necessary energy to do so, and each time it went to the top of the channel with a quick jump, it dropped rapidly to the channel. she was coming back.
In the next few hours, if the price stabilizes outside the channel and the rsi is above the red line (42.61), we can continue the price trend in the channel parallel to the second red channel and up to its ceiling, which is in the direction of the second black channel. will be.
Otherwise we will have a return to the midline of the first black channel and then cross the ceiling of the second red channel.
There is a third scenario that after returning to the middle line of the first black channel, the price will move out of the ceiling of the second red channel over time with a zigzag motion between the middle line and the ceiling of the first black channel.
If you like this idea, do not forget to like and comment your opinion.
In the next few hours, if the price stabilizes outside the channel and the rsi is above the red line (42.61), we can continue the price trend in the channel parallel to the second red channel and up to its ceiling, which is in the direction of the second black channel. will be.
Otherwise we will have a return to the midline of the first black channel and then cross the ceiling of the second red channel.
There is a third scenario that after returning to the middle line of the first black channel, the price will move out of the ceiling of the second red channel over time with a zigzag motion between the middle line and the ceiling of the first black channel.
If you like this idea, do not forget to like and comment your opinion.
Comment:
Ladies and gentlemen, now the price is leaving the sensitive area upwards and entering a higher channel and soon reaching the peak of 20,000.
