Up and down measurement pattern

"Continuity Patterns"

1️⃣ Upward movement measurement pattern:

“Motion measurement” consists of 3 phases related to trends:

First stage (trend)

The trend starts from the extreme point of the previous trend and develops over the period from several weeks to several months. At this stage, a clear directional price corridor is formed.

The second stage (direction)

The trend acts as a corrective. It is the shortest of the three stages. As a rule, its duration is about half the time of the first stage. Usually the price corrects by 30-70% depending on the duration of the first decline. If the first stage takes a very long time, for example a year, the corrective movement will be much higher and longer. It must be understood that this figure may consist of several numbers on a smaller scale but the same direction of movement and the corrective movement in the middle of the figure must be noted. Sometimes there are reversal numbers before the second stage, for example a double bottom or triple bottom, inverted head and shoulders, etc.

The third stage (trend) The third trend is approximately equal to the first trend in duration and dynamism. The goals in the third stage are calculated as the percentage of the first fall before the correction movement of the second stage

2️⃣ Down move measurement pattern

Continued explanation in the picture #TopCoinsJune2024 #solana #Binance #bitcoin