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In the image, we can see that the price is just on the verge of the upward channel we set a few months ago. However, looking more broadly at the picture, the place marked with the arrow is the place where the price can reach. Then, when the price bounces from the marked place, we will update the channel to the new market conditions, and it will have a smaller slope account. I expect to reach the indicated place and plan to enter the long position there.

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