STPT Fast & Steep Decline = Correction
Here we have a very fast and steep decline for STPTBTC followed by a strong bounce in prices.
If prices drop really fast, it is a signal of a correction.
In a bullish cycle, we can see fast drops followed by sustained growth.
If we were to have continued bearish action we would see slower drops when prices are moving lower.
We also have low volume on the drop and a higher low...
This signals that STPTBTC remains strongly bullish and can easily resume its growth.
Namaste.
If prices drop really fast, it is a signal of a correction.
In a bullish cycle, we can see fast drops followed by sustained growth.
If we were to have continued bearish action we would see slower drops when prices are moving lower.
We also have low volume on the drop and a higher low...
This signals that STPTBTC remains strongly bullish and can easily resume its growth.
Namaste.
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