S/USDT
Edit: The break was confirmed while writing the post
Time frame 15 minutes
After exiting the downward channel
Now it stands at the main moving support line (the red line)
Watch this line carefully
Scenario of continued decline:
If it breaks with a candle body, it targets (the upper limit of the downward channel (the green line below)
And if this green line breaks, it returns again to the downward channel and further decline.
Scenario: Ascend
If it holds on the main moving support line (the red line above)
it targets the upper limit of the moving resistance (the green line) above
And if it breaks this as well, it continues further ascending
Watch carefully: the breakout or break should only be confirmed by a candle body in the mentioned time frame
And the longer the body, the stronger the confirmation.
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