Death Cross. Areas of increased interest (accumulation) Addition
Death Cross... Areas of increased interest (accumulation )
Pitchfork pattern, 70% likely there will be a correction to $ 45,000 and then drop to $ 20,000 or below. Consolidated for a suspiciously long time.
Hello everyone, I sketched an approximate price movement on a logarithmic chart.
We are waiting for the price breakout of the lower border of the triangle. Keep track of the volumes so as not to be confused with a false movement.
The trading range is narrowing, volumes are getting smaller, we are waiting for an exit from the range with an increase in volume
We observe where the price will go from the channel
On the 4 hours chart, we see how the downward movement was stopped, also look at the high volume, and the long lower shadow of the candle. There is an assumption that the price will consolidate with a narrowing of the range.
Volumes are growing on a downward movement
The weekly, engulfing the previous two green candles. Bearish . Attention to the volume. Consider entering a short trade.
The weekly, engulfing the previous two green candles. Bearish. Attention to the volume
Waiting for the crossing of the line neck head shoulders