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

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