The price is moving up in a channel pattern, but it's facing resistance at the trendline. If it breaks above and then retests the trendline, it's usually a bullish sign. However, if it fails to break through, it could mean a possible market correction.
The price is moving up in a channel pattern, but it's facing resistance at the trendline. If it breaks above and then retests the trendline, it's usually a bullish sign. However, if it fails to break through, it could mean a possible market correction.