1. Volume increased
2. Capitulation volume signal
3. Breakout of descending grind
4. Retrace by 85% + to previous accumulation zone
This pattern is presenting itself over quite a few mid caps.
Usually it's a sign of accumulation and nearing the end of the bear grind market cycle segment.
However we could have a snap of current support on btc and a nosedive, nothing is certain in the markets.
2. Capitulation volume signal
3. Breakout of descending grind
4. Retrace by 85% + to previous accumulation zone
This pattern is presenting itself over quite a few mid caps.
Usually it's a sign of accumulation and nearing the end of the bear grind market cycle segment.
However we could have a snap of current support on btc and a nosedive, nothing is certain in the markets.
