LTCUSD Long ð IN CHANNEL â
Hello friends! âðž
Tomorrow is a new year! Have a good mood and have a great weekend!
As we can see, my idea went in the direction of my arrow. This is a PROFIT result.
As we can see, the price bounced off the resistance line and began its downward movement. This helped the price enter the new channel in which it is now. Please note that today the main role is played by the support line, which originates in November 2020, and the lines of our new channel. Also see that the price has been going up for a while.
The price listens well to the channel. While the price is in the channel, the channel lines have not been broken. Today I expect that the price will continue its downward movement and will be able to reach the lower channel line. During the fall, the price will break through the support line. Then the price moves up to the upper channel line.ðð
Do you agree?)
Your Solldy.
Tomorrow is a new year! Have a good mood and have a great weekend!
As we can see, my idea went in the direction of my arrow. This is a PROFIT result.
As we can see, the price bounced off the resistance line and began its downward movement. This helped the price enter the new channel in which it is now. Please note that today the main role is played by the support line, which originates in November 2020, and the lines of our new channel. Also see that the price has been going up for a while.
The price listens well to the channel. While the price is in the channel, the channel lines have not been broken. Today I expect that the price will continue its downward movement and will be able to reach the lower channel line. During the fall, the price will break through the support line. Then the price moves up to the upper channel line.ðð
Do you agree?)
Your Solldy.