Quick example of two possibilities Retracement or breakdown

Short rally on hype. I don't expect people to hold too long.
High Potential for the future but i'm not ready to hold a long position.
Made some quick profit and i will buy the dip with said profit.
Most people just double there money and move on. Some buy and hold.
Others squeeze every gain they possibly can before exiting a trade.
I'm not giving a forcast or investment strategy here.
It could swing either way.
Good luck to you traders.

Comment:

manipulation from traders on a trending asset is proving to be a regular occurence with short lived aspiration. I will continue to monitor and see if the trend merges with preexisting patterns on the chart.

Comment:

trading moving sideways with choppy trades getting closer and closer together.
the retracement pattern is rapidly forming the current trading pattern
sell pressure is starting

Comment:

indecisiveness or just pure manipulation
took over a month to drop to my low forcast
that is bad news because now the market is at
borderline resistance.
probably take another month before the low at 1.14
could drop even lower so just watch closely and monitor the news
traffic.