Hello! Lemon Insiders stay in touch and we have prepared a new analytics.
The last analysis didn’t go according to the plan, and it’s a sadly, but in it we were already in a profitable position, so we simply closed in breakeven.
Now we want to share our observations. The market has been walking flat for a long time, and each time it shows us the same movement, which can already be seen as a kind of pattern. The price goes up, the green candle leaves a good shadow, after which consolidation takes place for 1-12 hours and the price moves down. Similar situations are indicated by rectangles in the graph.
Also, this reduction supports the Stoch RSI.
We would like to draw your attention to the fact that the longs began to grow, which indicates that long has been accumulated by a large player, because the longs in the flat position do not grow if the crowd is trading. This is the first sign that we can get up from the flat, but this is in the more medium term.
We thank you for your attention!
The last analysis didn’t go according to the plan, and it’s a sadly, but in it we were already in a profitable position, so we simply closed in breakeven.
Now we want to share our observations. The market has been walking flat for a long time, and each time it shows us the same movement, which can already be seen as a kind of pattern. The price goes up, the green candle leaves a good shadow, after which consolidation takes place for 1-12 hours and the price moves down. Similar situations are indicated by rectangles in the graph.
Also, this reduction supports the Stoch RSI.
We would like to draw your attention to the fact that the longs began to grow, which indicates that long has been accumulated by a large player, because the longs in the flat position do not grow if the crowd is trading. This is the first sign that we can get up from the flat, but this is in the more medium term.
We thank you for your attention!