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Alikze »»STX | Ascending channel 1H

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In time 1H, it is moving in an ascending channel.
💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box.
💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth by maintaining the middle of the channel to the top of the channel.
💎 Alternative scenario: In addition, if the green box area is broken, it can continue the correction to the bottom of the channel and then to the range of $1.95.
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註釋

After not stabilizing above the range of the green box, the second scenario has been realized, which can continue until the liquidity area of this correction.

註釋

According to the trend line, this correction continued until the liquidity zone, after which it encountered demand. This reversal can continue until the supply area and neck line.

註釋

According to the previous review and analysis, after touching the liquidity range in the first step, it has grown up to the supply area and is currently above the range, which can touch the next targets by confirming the area above.