A practising trader and founder of the Crypto Shaman project Crypto Shaman Vadim Shovkun.
This review is an update on the market situation. To understand the full picture, one should review the medium-term view on price, local overview and its update. Many arguments remain relevant.
We analyse movement within the grey box. The buyers’ attack angle has risen relative to the previous growth wave. PoC was breached aggressively — literally in one candle the price moved from the lower boundary to the upper.
A surge in volumes (the green line) has been observed, not seen in many bars previously. They can be described as buyer volumes.
The market could rise. The first target remains to set new local highs and move above the summer lows.
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