If we see a pump like this, the bottom is very likely in!!!

We are doing correction over time right now, which means that the price stays the nearly the same for an unusual period of time, resulting in a sideways price pattern. This is a typical sign of "selling exhaustion" at the end of bear markets. We saw the same shit in the 2018 bottom.

Two months of sideways price action could be about to end with a BANG! Fingers crossed for the PUMP!

This idea will be invalidated at $20700.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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