Alikze »» FLOKI | Negative divergence in 1H

22 мая

In 1 hour time, it is moving in an ascending channel.
It is currently within the range of the channel ceiling and the supply area.
According to the divergence that exists, a correction to the middle of the channel and the bottom of the green box range can be done.
💎 If it breaks the supply range, this divergence will be invalid. So for now I expect it to have another correction inside the channel and after it is finished it can move as wide as the channel to the next supply range.
💎 Alternative scenario: if the green box is broken, the upward path of the currency will be a little difficult and may face further correction.
If the behavior and structure of the post changes, it will be updated.
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27 мая

Заметка

After a divergence in the 1H time frame, it made a correction to the middle of the channel, after which it faced demand, which is currently with the break of the supply zone and also the channel failure, with a pullback to the ceiling of the channel and the support of the green box zone to the supply zone. Next, continue to grow.