Price seeing nice intraday level being broken on 1H timeframe. We have a 1H double top with a break and retest from the neckline. Furthermore, the 4H has closed bearish, creating a bearish market structure below key levels.
Let's hope we see price continue down to the next key level with 1:3 RR. Look to move to BE or - 0.5R when price reaches 1:1 RR.
Simple...
I've decided to experiment with geometrical shapes on CTI token as it's chart has some interesting harmonics. Basic technical analysis shows us a point where trend changes, but it's curiosity that asks us to predict how exactly this will influence price change. It's experimental method, but there is a tendency for corellating with RSI data and Trend Ribbon. This...