Alikze »» OP | Ascending channel
2024-09-26

🔍 Technical analysis:  Ascending channel 

- In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand.

- Currently, it is moving in a short-term ascending channel.

- Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed.

- Therefore, I expect it to move upward in this channel and continue its growth until the supply range.

 💎 Alternative scenario:  If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
  BINANCE:OPUSDT  
