USDT.D 
TOTAL It's been quite choppy to the upside in this area. Price action is printing tight descending channels within a larger ascending channel.
So the bear and bull are playing a game of cat and mouse on a significant demand line and right below the 50 EMA.
The micro descending channel that is printing now within the ascending channel suggests another minor wave up and slightly above is a larger time fame supply/resistance trend line combined with the 0:0.382.
Considering we now have candles printing below the demand line of the trend up, developing an ascending channel, this looks like a cause building event for deeper retracement.
If this was a descending channel/ bullish pattern separation, this would hence continuation to the upside. But that is not the case here.
The lower 0:2.272 ratio band is significant support, paired with the 500 EMA.
When the wave down starts, get ready for some more pumps throughout the market.
- Not Financial Advice-
Note
This descending channel continues to extend out. Still bearish price action for a bullish cause. It may pop to the upside soon. Note
And here comes the move up ... Note
The drop came before I expected it. Will see how it acts on the 1.618 ratio. 
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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.