Chart one
Make a peak after it rises to the target
Daily line lower track adjustment, fast as one or two days for a spike, slow as about ten days
Then rebound until the beginning of January
Slightly break the middle track of the daily line without making new highs
Then undergo a ten to twenty-day lower track adjustment of the three-day line
Approximately until the end of January
Finally, move towards the new high
Chart two
Continue to rally until the beginning of January
Accompanied by one or two days of negative closing for adjustment
After reaching around 120,000 at the beginning of January
Spend about ten to twenty days for a daily line lower track adjustment
In this situation, there may not be a three-day line adjustment
Belongs to a strong trend type
So, how do we identify what kind of trend it is?
It was mentioned that we need to observe for a few days, right?
If the daily line continues to close with a negative, then it follows the pattern in the first chart
If it oscillates for a few days and then breaks through the new high again
Then we need to pay attention to the second type of trend
That's all! $BTC