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We got our retracement and now price is testing the mid line of the ascending channel, also price is going to test the 7175$ resistance.
If we get a breakout here we should expect the price will go to the higher boundary of the ascending channel.
However if we have a rejection here we can expect the 6800$ horizontal support to be retested.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
We got our retracement and now price is testing the mid line of the ascending channel, also price is going to test the 7175$ resistance.
If we get a breakout here we should expect the price will go to the higher boundary of the ascending channel.
However if we have a rejection here we can expect the 6800$ horizontal support to be retested.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice