ETHUSDT - Spring Pivot Formation

28 בספט׳ 2022

For this instrument we see a reversal formation through the claimatic volume.
Subsequently, the stop of the movement through the Spring zero point, which formed the lower boundary of the
boundary of the trading range (ICE). We also observe the primary and secondary test (BTI)
which subsequently breaks through the level without any resistance from the seller.
This formation tells us that the initiative passes from the sellers to the buyers.
After the formation of the upper boundary of the trading range, there is a signal SOT,
This signal indicates that locally the strength of the buyer has decreased.
For further upward movement the chart has left to test the lower border of the trading range.
At this period we expect the resumption of buying with excellent volume, results and progress.


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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones