Hi dear treaders, According to the previous analysis, we saw that the price broke the upper side of the triangle, but could not break the resistance of 1258$ properly. So it went back into the channel. The first area is supported and the second area is seen near the EMA200. To enter, it is better to wait until the 1258$ resistance is broken correctly and also the price returns to the 1167$ or 1157$ near SMA50.
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Good luck
If you like my idea please click * like *button and comment your idea.
Good luck
Note
2021/1/17 analysis 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.