Aethir is still trading inside a broad accumulation structure after the last major selloff. The chart is showing a rounded base forming while price compresses under a descending trendline.
Key confluences:
Price is holding the lower range instead of breaking down aggressively
Volume has cooled off, suggesting sellers are losing momentum
The Synergy Signal Oscillator is showing improving momentum while price remains near the lows
The main resistance sits around the value-area / volume profile zone above
For
ATH bulls, the clean confirmation is a breakout above the descending trendline plus a reclaim of the red resistance zone with strong volume. Until then, this is still a compression setup, not a confirmed reversal.
If Aethir clears that resistance, the rounded bottom structure could start to play out.
Key confluences:
Price is holding the lower range instead of breaking down aggressively
Volume has cooled off, suggesting sellers are losing momentum
The Synergy Signal Oscillator is showing improving momentum while price remains near the lows
The main resistance sits around the value-area / volume profile zone above
For
ATH bulls, the clean confirmation is a breakout above the descending trendline plus a reclaim of the red resistance zone with strong volume. Until then, this is still a compression setup, not a confirmed reversal.If Aethir clears that resistance, the rounded bottom structure could start to play out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Check me out btdcrypto.com/links/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.