Flat BTC/USDT
The blue zone- is the general area of the flat.
Purple zone - the zone of possible formation of an ascending pattern.
Green zone - the zone of possible departure of the price from the general flat zone, while not immediately moving to growth (i.e. with a rollback down to the purple zone).
* IMHO (there will be an average scenario with possible testing of all zones).
We have the first point of change in the growth dynamics, a drop from 19200 to 16188, the first signal that the up trend is losing ground.
The second point, the formation of the next high is not much higher than the previous one (in contrast to the previous dynamics, where the highs were updated by a no significant %).
The third point is yesterday's fall with the formation of a minimum above the previous one.
In total, we get a change in the previous growth dynamics from October 10 to November 25.
In place of this growth, a consolidation zone (flat) may come and its result will be either growth or fall, I tend to grow more.
P.S during this flat, a strong decrease in the level of BTC dominance is possible (the idea is attached).
The blue zone- is the general area of the flat.
Purple zone - the zone of possible formation of an ascending pattern.
Green zone - the zone of possible departure of the price from the general flat zone, while not immediately moving to growth (i.e. with a rollback down to the purple zone).
* IMHO (there will be an average scenario with possible testing of all zones).
We have the first point of change in the growth dynamics, a drop from 19200 to 16188, the first signal that the up trend is losing ground.
The second point, the formation of the next high is not much higher than the previous one (in contrast to the previous dynamics, where the highs were updated by a no significant %).
The third point is yesterday's fall with the formation of a minimum above the previous one.
In total, we get a change in the previous growth dynamics from October 10 to November 25.
In place of this growth, a consolidation zone (flat) may come and its result will be either growth or fall, I tend to grow more.
P.S during this flat, a strong decrease in the level of BTC dominance is possible (the idea is attached).
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