The trend has been down and the current price for LDOUSDT trades within a lower high compared to the action before May 2022... But we see change.
✔️ The first correction was a steep decline.
✔️ The second correction less steep, a falling wedge.
✔️ The third correction is no longer a correction more like consolidation...
We went from a steep decline to moving sideways.
The patterns changed.
Since we are coming out of a downtrend what comes next is an uptrend; change leads to change.
If the downtrend were to continue, we would likely experience similar and strong corrections each time a peak is hit.
The fact that this isn't happening anymore, reveals that the trend can change to the upside and this is supported by the RSI and volume profile.
Now we wait and see...
Namaste.
✔️ The first correction was a steep decline.
✔️ The second correction less steep, a falling wedge.
✔️ The third correction is no longer a correction more like consolidation...
We went from a steep decline to moving sideways.
The patterns changed.
Since we are coming out of a downtrend what comes next is an uptrend; change leads to change.
If the downtrend were to continue, we would likely experience similar and strong corrections each time a peak is hit.
The fact that this isn't happening anymore, reveals that the trend can change to the upside and this is supported by the RSI and volume profile.
Now we wait and see...
Namaste.
✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.