OPUSDT inside the channel
On the chart we can see a descending falling channel. The price remains inside the channel.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
If the price moves higher and retests breaks the resistance , it would be the entry for a short position.
We would target the lower boundary of the channel.
Two possible scenarios are shown on the chart.
If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.
If the price moves higher and retests breaks the resistance , it would be the entry for a short position.
We would target the lower boundary of the channel.
Two possible scenarios are shown on the chart.
Zlecenie aktywne:
price is moving down inside the channel
Komentarz:
the price is respecting the downsloping resistance. downtrend in tact
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