A large cup is formed, in it formed (potential Phase 2) horizontal channel 42% (shown in the graph). Work in it. The price came out of the downtrend secondary (red line).
GRT/BTC Main Trend. Cup 230%. Accumulation channel 42%.
GRT/BTC Main Trend. Cup 230%. Accumulation channel 42%.
Comment:
There is a further accumulation of the crypto phantom in the horizontal channel. The price is at the support zone of the inner channel. Standard work in the accumulation channel.
Comment:
price reached the support of the horizontal channel level 1521. Local descending wedge.
Comment:
Horizontal channel support due to BTC/USD price growth broke through (leveling/adjusting price to USDT). Working with the local resistance of the wedge.
Comment:
After the break of the local descending wedge, a potentially reversal trend pattern was formed - a double bottom.
Comment:
+40% c breakdown of the wedge resistance. The price entered the mirror resistance level (support of the accumulation channel).
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✅ Youtube канал goo.su/27a5 Видеоролики о трейдинге, в том числе образовательного характера.
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