It seems to be entered after the third attempt to defeat ATH
After the growth of Sharpie, which entered a channel and after its breakdown, it formed a trading range.
According to the failure of the trading range by Candle Gap, it seems that this currency was able to find its new direction, but for now, there should be no rush to leave the historical ceiling that it tried for the second time and failed to break. Third, try and if it fails, we have the confirmation signal to enter, otherwise, it is better to enter cautiously at the support points.
As I have drawn in the chart, this upward trend consists of two LEGs, both of which have been completed. I do not expect further growth at the moment, and it seems that we should look for the formation of a channel so that the remaining buyers can enter.
According to the failure of the trading range by Candle Gap, it seems that this currency was able to find its new direction, but for now, there should be no rush to leave the historical ceiling that it tried for the second time and failed to break. Third, try and if it fails, we have the confirmation signal to enter, otherwise, it is better to enter cautiously at the support points.
As I have drawn in the chart, this upward trend consists of two LEGs, both of which have been completed. I do not expect further growth at the moment, and it seems that we should look for the formation of a channel so that the remaining buyers can enter.