[The chart provided shows several potential patterns and signs of a possible accumulation stage:
Possible patterns:
Double bottom:
Two lows can be seen around 14.41 and 14.76, which may indicate the formation of a double bottom. This is a bullish reversal pattern that signals the possible start of an uptrend.
[24.05, 04:34] Dmitry: Side channel:
It can be seen that the price is moving within the range of 14.41 - 15.73, which may indicate decreasing highs and lows:
Although the overall price direction could be lower, the latest candles show price attempts to stabilize and possibly turn higher
Signs of the accumulation stage:
Trade Volume:
Trading volume at the bottom of the chart shows a stable level, which may indicate that large players are accumulating positions.
MACD:
MACD lines are close to each other and move horizontally. This could indicate possible consolidation and accumulation.
STOCH RSI:
