Alikze »» Jasmy | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
📣 BINANCE:JASMYUSDT currency was examined on the daily time frame. In the previous analysis, it was noted that it is in a concentration that touched the targets specified in the ascending channel upon exiting it.
🟢 Currently, in the weekly time frame, after reaching the final target in the previous analysis, it encountered selling pressure, which is now below the middle area of the ascending channel.
💎 If it encounters selling pressure again in the middle of the channel, the correction to the channel bottom area can continue, which will be a broken pullback to the swing, and then, if there is demand and support in the channel bottom area, it can continue its growth to the ceiling of the first ascending channel.
💎In addition, if the first channel breaks, it can continue its growth to the large supply area of the second ascending channel ceiling, as wide as the channel width.
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