Expect a temporary reduction
It is in a long-term uptrend channel and a line has delayed its uptrend.
It is likely to hit the bottom of the channel again and then touch the roof of the ascending channel by breaking the trend line.
Based on the stochastic oscillator, a death cross occurred, which is a sign of price reduction
It is better to wait for the channel floor to touch or the trend line to break.
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.