


huecoshunter
There is a doji again in the same price range. First one formed in the last cycle at the beginning of bear season. Second one formed last week months after horizontal accumulation. Big red weekly candle occured after doji in the first one. Now, there's possibility to see similar thing.
The red downtrend channel has formed above the process continuing from the $194 high area. The price has been using this channel since it rose from the $110 area. However, in the last 2 days, the price has reached the upper area of the channel again and if it is rejected as before, it will accelerate the downward momentum by following the blue channel below and...
The red downtrend channel has formed above the process continuing from the $194 high area. The price has been using this channel since it rose from the $110 area. However, in the last 2 days, the price has reached the upper area of the channel again and if it is rejected as before, it will accelerate the downward momentum by following the blue channel below and...