KuCoin | Bullish AB=CD Pattern | Still Valid
KuCoin | Bullish AB=CD Pattern
During this period of time, we are looking at the market to increase the bullish volume
and to increase where it was on April 22.
However, we must be patient and realize that a strong bearish wave will not change the direction of prices so easily.
The price needs to spend some time in correction before the market crowd realizes it
that the old trend was near its end.
The correction that is happening now is all in line with the bigger picture despite the fact if
we like it or not.
On the other hand, we can see that the price is close to the completion of a bullish
harmonic pattern.
This combination can increase the chances that we can see the token increase in value very soon.
The fear and panic in the market are creating this release of liquidity.
Once it will be more stable the price will begin to increase again.
We need to look at any price reaction and after that, we can buy.
Thank you and Good Luck!
Previous Analysis:
During this period of time, we are looking at the market to increase the bullish volume
and to increase where it was on April 22.
However, we must be patient and realize that a strong bearish wave will not change the direction of prices so easily.
The price needs to spend some time in correction before the market crowd realizes it
that the old trend was near its end.
The correction that is happening now is all in line with the bigger picture despite the fact if
we like it or not.
On the other hand, we can see that the price is close to the completion of a bullish
harmonic pattern.
This combination can increase the chances that we can see the token increase in value very soon.
The fear and panic in the market are creating this release of liquidity.
Once it will be more stable the price will begin to increase again.
We need to look at any price reaction and after that, we can buy.
Thank you and Good Luck!
Previous Analysis:
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