#OFN
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a green support area at 0.5300
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.5600
The first target is 0.6130
The second goal is 0.6600
The third goal is 0.7200
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well, and it is about to break upwards.
We have a green support area at 0.5300
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.5600
The first target is 0.6130
The second goal is 0.6600
The third goal is 0.7200