The price has been compressed at the bottom of the ascending channel for seven days and has consumed all the liquidity, but it has not made an attempt to engulf the previous floors, that is why my prediction is that the price will move from this floor to the ceiling of the channel.
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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.