Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones.
I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are also thought ranges.
Hanging Man made the dip.
Bullish Engulfing has not been completed yet. It's still in process. In my opinion, it will be a bullish engulfing because two bottom body candles are even and the pattern has a BE pattern type but not confirmed yet.
Pi Cycles meaning: to have a crash, red MA must first cross the green MA which has not.
Neither will the price fall below the red MA. I've applied a white MA for security, the RED MA must not fall below it.
Please see PI CYCLE's previous idea. Follow the red and green MA. When the Red MA crossed the green MA on cycles 1 and 2, then came the dip.
1 and 2 blue trend is part of the halving pattern.
This idea meets the criteria for STOCH RSI. When using STOCH RSI on a 1WK volume chart, it shows the bull momentum making the CROSS. BULLS have made null and void the HM.
Red and white MA's work like a magnet with volume candlesticks.