As we can see, since October 21, the price is in the channel. Yesterday's idea is still taking place, since the price did not go beyond our stop loss.
Today I expect the price to bounce off the upper channel line and head down to the lower channel line. The price on the way will also be able to break through the level (0.23154). Since the price has a falling direction, I think it will remain in the channel for a while.
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.
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.