Alikze »» MKR | Retest the bottom of the ascending channel

In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone.
💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel.
💎 According to the trading node and the previous major ceiling, this correction can continue until the green box area.
💎 Therefore, it is expected that after one attempt to the area, the correction will continue until the green box area.
💎 In addition, if it has the ability to break the supply area of the red box, it can retest the previous ceiling.
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Комментарий:

According to the movement path after the retest, the supply area has been corrected, which has corrected more than 17% so far and is breaking the ascending channel.

Комментарий:

According to the trajectory so far, it has corrected more than 28%.