That bottom has the price making a lower low. The oscillator is making a higher low. We call it, of course, the uneven butt cheek pattern. Juicy on the left, skinny on the right. And then after you form that bottom signal, the next big move to the upside is initiated by a wave with continued direction. All right, then after that, every continuation in the uptrend gives us a lower wave on market cipher B. All right, a great example of this is going to be if we go to our weekly time frame and take a look at the uptrend in the last bull market, right? The bottom of the entire bear market last time was formed with the bullish divergence, the uneven butt cheek patterns, then we had a continuation wave. And then every higher low in the uptrend, we had momentum getting lower and lower until we broke the trend line. And that cycle stopped. So right now, we do have the potential of a nice continuation signal printing here on our daily timeframe. So that means for us, what I'm personally going to be looking for is as we're coming into this zone, I'm going to be looking for a balance from around $79,000 previous range rally area high, and then around the 75 to $77,000 level. If we lose the 75 to $77,000 level, that opens us up for much, much more downside. Why? Well, because there's literally no support.
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