Hi guys
It seems that we have an upward channelized trend. And currently, the ceiling of the RSI negative divergence channel has also been issued.
The support area of $17.24 is still preserved.
Provided that this support area and the upward trend line are maintained, there is a high possibility of forming an upward trend similar to the drawn upward scenario.
in case of breaking the upward trend line and losing the support range of $17.24; The downside scenario is more likely.
What do you think?