The channel is playing out beautifully! We expect some pull back to come.
If the bulls at strong, there may be a bounce from the middle of the channel. If the bulls can defend the center of the channel, look to see heavy bullish volume to confirm the move up.
Otherwise, most ascending channels will eventually break down!
Always look for the volume confirmation, he is our best friend.
Crypto + Small Gains = More Crypto
Happy Trading :)
If the bulls at strong, there may be a bounce from the middle of the channel. If the bulls can defend the center of the channel, look to see heavy bullish volume to confirm the move up.
Otherwise, most ascending channels will eventually break down!
Always look for the volume confirmation, he is our best friend.
Crypto + Small Gains = More Crypto
Happy Trading :)
Smart Crypto Association [ SCA ]
Related publications
Disclaimer
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.
Smart Crypto Association [ SCA ]
Related publications
Disclaimer
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.