https://ar.tradingview.com/chart/BTCUSD/Yd6VvlFu/
The peaks and bottoms indicator facilitates technical analysis in a simple and objective way. It makes it possible to draw supports, resistances, and trend lines in a simple and fast way, and to identify retracement areas.
A very important feature of the indicator are the dots in orange, which symbolize strong consolidation areas, after which a price explosion will occur.
Currently, there is a strong consolidation area at the 29 thousand area, from which a very strong sharp drop is expected in the event that the price breaks the area downwards, or with a strong ascent, and a strong bullish wave in case the price breaches the area upwards.
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