Hi guys

It seems that we have an upward channelized trend. And currently, the ceiling of the RSI negative divergence channel has also been issued.

The support area of ​​$17.24 is still preserved.
Provided that this support area and the upward trend line are maintained, there is a high possibility of forming an upward trend similar to the drawn upward scenario.

in case of breaking the upward trend line and losing the support range of $17.24; The downside scenario is more likely.

What do you think?

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Three times we had an entry point with a suitable loss limit.

Each time we had confirmation of the downtrend as the identified support areas were consumed.
Finally, with the breaking of the rising trend line and leaving the rising channel, according to the analysis, a 13% downward trend was formed


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