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Price ranges like this
No idea but seems it changed.
I think that the blue and purple scenarios
are more likely to occur than the pink one.
I think that the blue or purple scenarios are the most likely to occur.
(pink less probable)
The price has broken out of the ascending channel and has gone into a downtrend. an opportunity to sell
long from the bottom of the triangle
Its in a strong ascending channel
There is a descending channel so these are the two possible scenarios.