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The price is near the Mid line resistance of the Ascending Channel and also near the Resistanc trendline of the Local Ascending Channel.
If price manages to break this Resistance node we can initiate a long position.
Remember the setup might be invalidated if we lose out current local support.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
The price is near the Mid line resistance of the Ascending Channel and also near the Resistanc trendline of the Local Ascending Channel.
If price manages to break this Resistance node we can initiate a long position.
Remember the setup might be invalidated if we lose out current local support.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.