🔍 Technical analysis: Ascending channel - 1W
📣 JOEUSDT It is moving in an ascending channel on the weekly time frame.
🟢 Given the positive reactions and demand in the bottom area of the ascending channel, the upward movement can continue its growth to the supply area and, if supported in the middle area of the channel, the movement can continue to the ceiling of the ascending channel.
💎 Furthermore, with the failure of the first ascending channel, it can continue its growth to the extent of the first channel to the large supply area.
⚠️ In addition, if the ascending channel breaks and consolidates below it, the upward scenario is invalidated and must be re-examined and updated.⚠️
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