🧠It's a pity that we didn't continue the momentum of the double bottom bull structure. And it fell below the support zone, and the support zone turned into a resistance zone again. Since our monthly closing price closed above neckline 2, the probability of us continuing to rise is still very high, so we can still be bullish.📈
➡️Therefore, if the price returns to the uptrend support line again and forms a good rebound, we can build a large cup-and-handle bullish structure from here. Using this structure as support and starting to rise, we should be able to easily break through the upper resistance zone.💪
⚠️Note that this view will be invalidated if the price falls below the bull defense point.
Let's see👀
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➡️Therefore, if the price returns to the uptrend support line again and forms a good rebound, we can build a large cup-and-handle bullish structure from here. Using this structure as support and starting to rise, we should be able to easily break through the upper resistance zone.💪
⚠️Note that this view will be invalidated if the price falls below the bull defense point.
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
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