After the uptrend, the 3DRIVER pattern has been created and the uptrend has been broken
After breaking the uptrend, the price has become almost horizontal and the price has entered the range as a channel.
In the range of suffering, the length of the candlesticks is shorter than before and has had good reactions to the support and resistance levels. It is recommended that people who swing wait to exit the price channel and stabilize it.
Note that a higher price floor has been created (close to the previous floor) and the price tends to cross the price ceiling, which in the last encounter with the resistance, the negative market conditions have prevented the price from passing.
After breaking the uptrend, the price has become almost horizontal and the price has entered the range as a channel.
In the range of suffering, the length of the candlesticks is shorter than before and has had good reactions to the support and resistance levels. It is recommended that people who swing wait to exit the price channel and stabilize it.
Note that a higher price floor has been created (close to the previous floor) and the price tends to cross the price ceiling, which in the last encounter with the resistance, the negative market conditions have prevented the price from passing.