Globally, we are moving in a correctional formation. This is a down trend channel and we are above the midline of this channel
Also we near support line (white)
Look at chart
Locally - we form a potential left shoulder. Inverted Head and shoulders pattern.
Also we near support line (white)
Look at chart
Locally - we form a potential left shoulder. Inverted Head and shoulders pattern.
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In H1 chart we forming falling wedge
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We have symmetrical triangle
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Let's see where this triangle breaks
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Long positions in Bitfinex is growing
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Shorts also growing
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Touch support line
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Touched midle line of downtrend channel
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partner.bybit.com/b/excavo
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