Hello everyone. As we can see : - ascending channel - broke above bottom flat triangle - major support at 1.965$ - ascending line on RSI - resistance at 2.265$ - making top flat triangle below 2.265$ resistance
Here we have 3 options :
pullback into ascending channel : if XTZ, go through channel then we have to break 2.265$ resistance till the price touch the top of channel.
making top flat triangle : then we will trend into a bullish zone actually there would be a high chance to break resistance and take hold above it !
reject from resistance : there is low chance for it but if it happens then we will see a ranged trending under resistance and a retest for major support at 1.965$
Our view is bullish but we will take look at this resistance and channel also.
Attention : this is not a financial advise we just try to help people on their own vision.