Description
⋅ This one is also pretty good... JSTBTC, the details are described on the chart.
First, you see the steep decline, the bear wave/bear market, whatever you want to call it...
What follows is the consolidation phase, this is when prices go flat/sideways.
And then we have the bullish breakout, this is when prices start to move up.
For all this, we have many signals coming from the charts that can tell you about each phase taking place.
If you can spot one or the other, you can predict what will happen next.
This is Alan Masters.
Additional information on the chart.
Namaste.