Hello, guys
Long time price rising near the support line, but later it made a correction movement, breaking this line.
Then price had a sharp impulse that confirmed bullish structure and started to grow inside a rising channel.
After reaching the top boundary, the price reversed and started a pullback to the support area near $3265.
This zone also aligns with the channel base and acted as a bounce point before, making it a strong technical level.
Now the price is consolidating above this support, forming a higher low, which may confirm continuation.
As long as price holds, and I expect it to bounce from support line and push toward $3480 channel resistance.
Long time price rising near the support line, but later it made a correction movement, breaking this line.
Then price had a sharp impulse that confirmed bullish structure and started to grow inside a rising channel.
After reaching the top boundary, the price reversed and started a pullback to the support area near $3265.
This zone also aligns with the channel base and acted as a bounce point before, making it a strong technical level.
Now the price is consolidating above this support, forming a higher low, which may confirm continuation.
As long as price holds, and I expect it to bounce from support line and push toward $3480 channel resistance.
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Traders who do not aim at profit are not qualified traders. Maintain a trading win rate of more than 85% and pursue the annual profit target: more than $600K! Witness Free Telegram Group:
t.me/+M6VE4l0T-ZU4NThk
t.me/+M6VE4l0T-ZU4NThk
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.