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here's the result. if you follow me. Do you know how many types of analysis I did to know where the prices are going? And then at times I end up questioning myself. Is the market up or not? the analysis I did is useful for #near #link #ksm #pol #dot among others. They are all in the context of purchase. $BTC
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The last candle of the daily is a bearish candle with low volume to the opposite side of the absorption candle that closed positive. we can consider it a lack of interest in the sale. another point. Near prices are above the average for 200 periods of the week. which generally functions as a point of defense. $NEAR
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in near we have something similar to what happened in Bitcoin. strong absorption in an important region. whether this will be enough to push prices upward. I still can't say. but one thing is certain. There's someone buying it. to generate these patterns. The effort is great but the result is not. $NEAR
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Do you prefer a small one with volume or a big one without volume? volume entered the fall. but the biggest volume was in absorption. Look at the size of this candle. in relation to its volume. This was an absurd absorption. the previous candle has just over half the volume and is at least 4 times larger. market law. effort/result. a lot of effort for little result. This was just another trap. Let's see to what extent we can trust the buyer to hold the prices. $BTC
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if bitcoin dips. altcoins must break bottom. this would invalidate the upward movement.
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