BTCUSDT 1. At point 1 on the price chart, we see a shooting star pattern during the formation of a range - a bearish signal
2. At point 2, we see the same pattern, which means a full-fledged bearish engulfment by sellers - a confirmation of the upcoming price drop.
3. At point 3, we can see the buyer's reaction, which causes the price to rebound from 97.778 to 102.112.
In terms of volume, there was a non-equivalent amount of sellers' volume - a bullish divergence.
EXPECTATIONS :
Scenario 1 (priority) - price rise from 99,000 to 102,000 with a range tightening and then a move to the upside
Scenario 2 - in the event of unfavourable news, 92,660 could be tested and a range formation possible
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