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As clear signs of the market's readiness for the upcoming storming of new local highs, these 20 'piercing patterns' were interpreted. The market's complete absorption of any negativity and its focus on growth were confirmed by the presence of 32 'bullish engulfing' patterns. Confirmation of the price's readiness to change direction was a series of 46 'harami' patterns that accompanied the stop of the fall and the beginning of a new growth. Maximum confidence for entering a trade was provided by the 1 hammer-like candle, which became the very signal that confirmed the correctness of the bullish scenario. Proof that the price has detached from its fair value and shot into space was the appearance of 3 marubozu candles. The appearance of 17 long-bodied candles indicated a frenzied and stable demand for the asset, which was the reason for its steady growth.
With a candle body ratio of 1:1.29 and a maximum drawdown of 18.83%, we saw the price systematically move towards the target without creating unnecessary stress.
A significant inflow of liquidity, reflected in the volume growth from 34.5K to 166.1K, ensured the stability of the upward movement.
💡 Reaching a 49% proportion of green candles is an extreme confirmation of the bulls' strength and their complete dominance.
The presence of 6 consecutive green candles indicates a colossal potential for continued growth.
✅ The video footage confirms every word of our signal. The entry point, targets, result — everything matched, bringing 💰profit to our subscribers.
📈 Learn to read the same signals our algorithm uses to identify entry points
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