As you can see, the BTC has been bounced between 60k - 30k zones and has created a tradingrange. It has attacked the top zone and created 3 pushes up but did not have enough momentum to break out and created a bearish tight channel and now, it has reached the bottom line ( channle line ) and made a bullish candle in Daily timeframe to the bearish channel midline....
As you can see, the price started its bullish cycle in Oct. It finished the channel phase and entered into trading range phase, but not a normal trading range, It created trading range in pattern mode ( bullish triangle ).
Parts of the charts are:
Red line: short term bearish trend line ( one side of the triangle )
Dotted red line: extended bearish trend...
As you can see, the price was in a bullish cycle: it finished its 2-leg spike and the channel ended with an exhaustion gap and created new ATH. After that the tradingrange phase started in 2 modes: first it created a bullish wedge ( bearish channel ) and then, it created a classic trading range. The momentum is weak because of the size of the candles and can not...
As you can see, CIX is in a long-term bullish channel and the trend line has supported the price so many times. The index is at the key support again and has broken the short-term bearish channel ( correction phase ) and now is completing its pullback to the broken line. Due to the total sentiment in the crypto market, it's possible that the pullback continues and...
As you can see, after a sharp rally Shiba had experienced, it started its correction phase and created a bull flag ( bearish channel ). Shiba has 3 supported zone, one of them has been broken and the second one has been touched and supported the price. Since then, the price has stocked around the first broken supported. In the lower timeframe, you can see the...
