OPUSDT inside the channel

2023년 8월 8일

On the chart we can see a descending falling channel. The price remains inside the channel.

If the price retests the downsloping support , it would be the entry for a long position.
The target would be at the downsloping resistance.

If the price moves higher and retests breaks the resistance , it would be the entry for a short position.
We would target the lower boundary of the channel.

Two possible scenarios are shown on the chart.

2023년 8월 24일

액티브 트레이드

price is moving down inside the channel

2023년 9월 15일

노트

the price is respecting the downsloping resistance. downtrend in tact