🚀 Market Analysis: Is There a Trend Change in Cryptocurrencies? 🔍

Have you ever seen a bullish trend that seems to be on pause? Here I explain what might be happening! 👇

✨ Delayed Bullish Trend

The market shows a strong bullish trend, but with a marked delay, indicating that buying strength is losing momentum.

📈 Formation of a Channel and Reversal Patterns

Within that movement, a channel is created with Bearish Engulfing and Bullish Engulfing patterns. These patterns are key signals:

Bearish Engulfing at the top, suggesting possible pause or correction.

Bullish Engulfing at the bottom, indicating potential bounce.

🔻 Break of the Channel and Touching the MA(99)

Finally, the price breaks the channel downwards and touches the 99-period moving average, which could mark a trend change — but not very pronounced yet! It is a signal that the market might be adjusting its course.

⚠️ What should you keep in mind?

These types of movements teach us that trends are not linear and there are always moments of pause or change. The key is to confirm with other indicators and wait for the definitive signal before making decisions.

🔑 Remember: Patience and technical analysis are your best allies for navigating these scenarios. Don't get carried away by emotion, and always manage your risk!

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