Currency is being sold making the price lower. The market is still up. Buy low sell high.
While the short sellers buy. Go long and buy into weakness getting the currency at a better price.
Symmetrical Triangles and other shapes alike: indicate indecision in the market. The market may breakdown or breakout.
Currency is being sold off and we have short positions going on now.
Pink arrow next to blue trendline indicates how far price may drop to and trend direction. ( Trade this currency with NO STOPS and NO MARGIN)
The currency is in an uptrend, so even though there's a breakdown that means to buy into weakness. You'll be buying @ the lows.
Bullish flags are continuation patterns. This formation can also be interpreted as a pennant.
Cryptocurrency currently I'm consolidation: Area of consolidation indicated by red arrow in the .32 area.
Currency currently in consolidation: Cryptocurrency is staying in the .32 area.
Price making new support area indicated by blue trend line: Price currently moving up.
Price may bounce off of support @ .30 and hit previous resistance at .32772
Ascending Triangle Pattern: Shape Indicated by blue lines.
Technical analysis is indicating within 98 days a close above the .34 area.
Naked trading is indicating that a monthly candlestick bar may breakout or close above resistance around the .34 area. This may indicate why the .34 price area is having some cosolidation.
August 2021 monthly candlestick chart indicates cryptocurrency is closing at the highs.
For a continued uptrend a candlestick bar needs to close above the previous resistance .32 area.
Possible move upward or stock may consolidate indicated by red arrows: Trendline is blue and support and resistance areas are marked with bluelines. (Remember trade with no stops and no margin for long term investing)
Heikin Ashi candlesticks indicate that price is still trending up (will see what's happens: Trade this stock with no stops and no margin)