✴️ Optimism Long-Term Ascending Channel Activated

25 июн. 2023 г.

How you paint a chart can really change your perspective. With the right drawings, a clear picture can be produced.

For Optimism (OPUSD) I focused on a long-term ascending channel, marked by the orange lines, "trendlines".

Notice that when the upper side of the channel is activated, prices drop. On the other hand, when the lower band of the channel is activated, prices move up.

Optimism just activated the lower portion of this channel after one long year, we can expect a strong bullish wave to show up.

This is a easy one and another pair that has been growing strong.

Namaste.