Two possible scenarios for monthly chart view:
Scenario 1.: Price will soon continue up within an ascending channel (bullish scenario).
Scenario 2.: Breaking down the ascending channel could push price lower (bearish scenario).
(NOTE: This post is not the trading idea.)
Scenario 1.: Price will soon continue up within an ascending channel (bullish scenario).
Scenario 2.: Breaking down the ascending channel could push price lower (bearish scenario).
(NOTE: This post is not the trading idea.)