Bullish Butterfly Pattern, end of the downtrend channel, RD+

87
The chart is fluctuating at the bottom of the channel
While regular divergence formed on the channel floor and
The time has come to the end of the cycle and the Bullish Butterfly Pattern has been completed
If the price breaks down the channel floor with strength(power), then the next support falls
But is likely to climb(rise) to the next resistance

This text was posted with Google Translate
I'm sorry if the wording is wrong
Thankful

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.