Hi dear treaders, According to the previous analysis, we saw that the price broke the upper side of the triangle, but could not break the resistance of 1258$ properly. So it went back into the channel. The first area is supported and the second area is seen near the EMA200. To enter, it is better to wait until the 1258$ resistance is broken correctly and also the price returns to the 1167$ or 1157$ near SMA50.
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Good luck
If you like my idea please click * like *button and comment your idea.
Good luck
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2021/1/17 analysis
