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On the 1D timeframe, a Double Bottom pattern was formed, there was a false breakdown of the neck, but the strength of the buyer was not enough for further growth, now the price is forming a downtrending channel with strong volatility. The bulls are trying to take over the situation again, but so far without success. I will wait for a breakdown of the upper boundary of the channel, as well as a breakdown of the neck and fixing the price. Also we should remember that with such volatility in the channel, there might be an impulse, and then we might lose our position. ☝️
On the 1D timeframe, a Double Bottom pattern was formed, there was a false breakdown of the neck, but the strength of the buyer was not enough for further growth, now the price is forming a downtrending channel with strong volatility. The bulls are trying to take over the situation again, but so far without success. I will wait for a breakdown of the upper boundary of the channel, as well as a breakdown of the neck and fixing the price. Also we should remember that with such volatility in the channel, there might be an impulse, and then we might lose our position. ☝️
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📊 Криптовалютная Биржа для торговли : bingx.com/partner/ViktorTrade
✅ Брокер для торговли:
nmaffru.com/edsvcjd73ph
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