A closer look

As you can see in the chart, and according to previous analyzes, the downtrend is over, and the chart is moving straight and building a solid bottom.
The downtrend line is marked in the chart. If it breaks upwards, a good view can be imagined for it.
To understand what I mean, let's look at the chart again at the time of the previous pump:
snapshot
Straight motion, compression and Boom!!! ...

Now the daily chart:
snapshot
It is still in the projected arc.

Hourly chart:
snapshot
The downtrend that needs to be broken.

Check the chart in 4-hour timeframe:
snapshot
As you can see, most of the sales and buys are in this range.

Lets see...
Chart PatternsTechnical IndicatorsTrend Analysis

Related publications

Disclaimer