Alikze »» NEIRO | Ascending Channel - 1D

🔍 Technical analysis: Ascending Channel - 1D

📣 MEXC:NEIROCTOUSDT currency is currently moving in an ascending channel on the daily time frame after a price jump.

🟢 Considering the reactions at the bottom and top of the channel and considering the momentum, if there is a positive reaction at the bottom of the ascending channel, it can grow at least to the specified area.

🟢 If the bottom of the ascending channel breaks, it can continue to correct in the green box area and, if demand is created, continue its movement to the top of the ascending channel.

💎In addition, considering the movement cycle, this wave can continue to the specified supply area.

⚠️ In addition, if the price breaks the green box area downwards and touches the blue bar area, the ascending scenario is validated and should be re-examined and updated ⚠️
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