Please check if I am right when I see this similarity:
1. Price increase.
2. Dump.
3. Reaching lowest point.
4. Repetition of lowest point.
5. Price recover.
6. Bear market.
Arguments for short:
- Last price jump moved over two resistence levels and stopped on Resistence2. So there is a space for correction to Resistence1=new support or up to the level denoted Support.
- Engulfing kandle in the last triangle.
- Last triangle is beeing tested from the bottom just now.
- Previous two triangle breakouts did not lead to significant price...
