Preconditions: - global uptrend - local uptrend - pushing zone - bearish trap
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Technically, the area you are highlighting is the base of the descending triangle.
So technically, this is the retest of a bearish pattern on daily chart.
@Yuriy_Bishko, Its not that i am awaiting, but current trends look to me like this. on 1D interval i see a descending wedge, that would have to be negated if the price goes beyong 35 300.
We have a local resistance (4h interval) twice rejected @ 33 100, and longer manipulation (28-31kUSDT) from 4th of Jan.
I am a beginner though, progressing, but a beginner and human :)
So technically, this is the retest of a bearish pattern on daily chart.
I expect more downside first.