Compare the blue rectangles
The second try to break the level of 10,000 was failed.
and look at the large bearish volume
the possible support zones
at the moment, the price returned to the lower limit of the consolidation zone and so far this is not a downtrend
The second try to break the level of 10,000 was failed.
and look at the large bearish volume
the possible support zones
at the moment, the price returned to the lower limit of the consolidation zone and so far this is not a downtrend
Note
the price broke the lower limit of the consolidation zonealso, the volume has increased , these are bearish signs
but look at the lower shadows of candles , this means an accumulation
Note
look at the volume in the second consolidation zone , a rebound is possibleNote
looks like a false breakthrough , this is a good bullish sign Note
look at the doji candle , this is a bullish pattern
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.