โ 5 up-waves pattern detected.
โ Wave five ends as an "inverted hammer" candlestick pattern.
โ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
โ Highest bearish volume right after the top signal.
โ Bearish divergence on the RSI.
โ Many GAPs left open on the way up.
โ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
๐ Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
โ Wave five ends as an "inverted hammer" candlestick pattern.
โ The inverted hammer is followed by a strong bearish candle (confirmation of the pattern); the biggest bearish candle since 11-Jan.
โ Highest bearish volume right after the top signal.
โ Bearish divergence on the RSI.
โ Many GAPs left open on the way up.
โ Confirmation through correlation to other related markets, i.e., Bitcoin and Coinbase.
๐ Correction target can happen between 25.18 to 27.66.
Thank you for reading.
Namaste.
๐ Altcoins & Bitcoin Charts!
followalan.com
๐จ Free PREMIUM Trade-Numbers
alansantanatrades.com
๐ฅ New Lowest Pricing Ever โ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
followalan.com
๐จ Free PREMIUM Trade-Numbers
alansantanatrades.com
๐ฅ New Lowest Pricing Ever โ Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)