The charts seem to indicate the end to sideways trading in the 35 cent area terminating in a typical arrangement. You can see the same pattern (in yellow) play out most recently in the XRPUSD chart from January to March 2021. This pattern doesnt predict either up or down price movement, just that it will break soon.
Used in concert with the related idea that determines when the price will not move much over 6 to 12 weeks.
Used in concert with the related idea that determines when the price will not move much over 6 to 12 weeks.
Note
Related Idea
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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.