Propchain (PROPUSD) is trading within a Channel Up pattern since early October. Since October 20 in particular, the 1D MA50 (blue trend-line) has been supporting. At the moment, the price is testing both the Channel's bottom (Higher Lows trend-line) and the 1D MA50.
As long as they hold, we are bullish, aiming for another +75% (roughly) leg at 3.400. If we close...