in my opinion , on the hour chart we can see the falling wedge , this is a bullish reversal pattern.
also , on the four hour chart we can see the bullish divergence.
and finally , there are several attempts to break the trendline , this means that the bulls are trying to take control.
also , on the four hour chart we can see the bullish divergence.
and finally , there are several attempts to break the trendline , this means that the bulls are trying to take control.
註釋
look at the lower shadows of candles and a large volumethere is a buyer at this level
註釋
looks like it was a false breakthrough , this is a bullish sign.let's see what will happen next.
註釋
we can see the largest volume in the last 18 days , this is a good sign for a true breakthroughthe closure of the four hour candle above the level of 7600 will be a confirmation of the reversal movement.
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on the day chart we can see the bullish absorption , this is a bullish reversal pattern.註釋
i don't like the volume in this consolidation , be focused 註釋
guys , who trades on Binance ? check the trade history , focus on the buy order of 0.0000014 I see this order for two weeks now , this is a large accumulation or the overestimation of the volume ?
just wait and you will see it
註釋
this is an important point , it will be another false breakthrough or just the correction ? 50/50 the closure of the four hour candle below the level of 7240 will be a bearish sign
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the possible resistance line 註釋
looks bad , a correction is possible 註釋
the closure of the four hour candle below the level of 7530 will be a bearish sign註釋
i don't like the day volume , be careful註釋
i expect another try to the breakthrough 註釋
don't panic , don't sell , just wait the market is being manipulated at the moment
註釋
the closure of the four hour candle below the level of 7310 will be a bearish sign
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