BTC 15 min chart...This chart is future...hasn't happened yet..
This picture is for educational purposes...lets see what pricing and indicators do / "did already".
If pricing and indicators fall below the red lines... (which I do not have the lines drawn in)... then those red lines all turn in to a green downtrend cycle "most likely".
If pricing and indicators fall below the red lines... (which I do not have the lines drawn in)... then those red lines all turn in to a green downtrend cycle "most likely".