So, this pattern has plagued all bigger caps, like Bitcoin, Ethereum, and Fantom, but didn't show on SPELLUSD in anything but 4H. The 2H actually contradicts this signal, but when faced with LTF/HTF, I tend towards HTF as a rule. I have yet to see any convincing bottom signals anywhere in the market, so more downside in play for spell as well.
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.