On the left side of the chart, we can see a clear downtrend (marked with red-lines)... As the downtrend is active we know the bears have control of the chart and we expect lower prices.
Reaching June 2023 the trend becomes less steep, change starts to happen.
➖ LOKABTC starts a consolidation phase and produces one final low in October, from which point it starts to rise (confirmation one - ATL).
➖ As LOKABTC starts to move up it breaks above EMA100 and EMA50. There is a retry at EMA50 as support but prices start to bounce before reaching this level (bullish strength - second confirmation).
➖ After the lower lows we are getting higher lows and this action ends up as a rounded bottom pattern (third confirmation).
Slowly but surely we can see how everything is starting to change.
From a steep decline to almost sideways and now bullish with growth happening today.
From the bottom we go up... We have more than 400% potential mapped on this chart.
Namaste.
Reaching June 2023 the trend becomes less steep, change starts to happen.
➖ LOKABTC starts a consolidation phase and produces one final low in October, from which point it starts to rise (confirmation one - ATL).
➖ As LOKABTC starts to move up it breaks above EMA100 and EMA50. There is a retry at EMA50 as support but prices start to bounce before reaching this level (bullish strength - second confirmation).
➖ After the lower lows we are getting higher lows and this action ends up as a rounded bottom pattern (third confirmation).
Slowly but surely we can see how everything is starting to change.
From a steep decline to almost sideways and now bullish with growth happening today.
From the bottom we go up... We have more than 400% potential mapped on this chart.
Namaste.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。