W / TetherUS
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Alikze »» W | Ascending channel - 1D

🔍 Technical analysis: Ascending channel - 1D

- It has been moving in a downward channel on the daily time frame

- After breaking the short-term downward channel, it is currently moving in an upward channel

- According to the momentum at the top of the channel, it can exit the channel with a pullback to the broken structure and continue its growth up to the first supply range as wide as the channel.

- In the future, it can continue its growth by breaking the first supply area to the second supply area.

💎 Alternative scenario: In addition, if the green box area is broken, it can go down with a pullback to the 0.1709 range.
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WUSDT
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