Such strong pressure up, should help to get out of the clouds.And the output from the cloud, in turn, means a long-term change in trend.
P1HM34 trade ideas
In this case, it makes sense to wait quality rebound.Here is a very interesting divergence: price continues to fall, and the accumulation continues to rise. Add to that the accuracy of bounces: It seems that this is not just. Judging by cyclical lines, it's got to happen soon.
Flag (Bearish)Very strong trend, but lately has shown some cracks to the downside. October high pulled back up to 21%. After it printed a new lower low price bounced and failed to print a new high but lower high and pulled again back but avoided a new lower low. This higher low which was an indication of a new higher high has achieved its short term target but did not last long, now volume dropped and price started to fall slowly. There is a higher chance that price could fall and print a new lower low.
