Ratio, ratio, ratios.. Halving of the price action is also a reflection that the momentum is losing speed with the square root. Vice versa it has to overcome those squared areas to 'exponentially' break free from those zones holding it back.
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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.