Ascending Trend Channel Bounce

٢٣ فبراير ٢٠٢١

We may have found the bottom, drew this ascending red outlined trend channel a while ago due to seeing various support lines. We managed to break out upwards away from the trend channel but got corrected towards the bottom. We're currently in an oversold state on the 2H candles and the start of a MACD crossover is beginning on the hourly candles. Myself I think we will see a bounce upwards and potentially retest 2k.