ascending channel intact and looking very clean, im posting this because a red candle is challenging this channel.
would like to keep riding this because volume is consolidating , there are still legs to this trend.
ichimoku indicators are bullish, next step would be to see if chikou can break out of cloud.
stoch is showing hidden bull div.
i have no idea how long this ascending channel will hold, it will likely go away once alt season is over though.
would love to hear contrasting opinions or any critique of my analysis though. thank you for looking
would like to keep riding this because volume is consolidating , there are still legs to this trend.
ichimoku indicators are bullish, next step would be to see if chikou can break out of cloud.
stoch is showing hidden bull div.
i have no idea how long this ascending channel will hold, it will likely go away once alt season is over though.
would love to hear contrasting opinions or any critique of my analysis though. thank you for looking
Trade closed: stop reached:
price broke below channel, with a falling wedge forming