Can I ask you what does this pattern mean?
A friend of mine told me:
''I am a stocks trader, not a bitcoin trader but I have seen this pattern a lot of times in years of stocks trading, and this means up pump''
Was he trolling me? I am a newby, by looking at the chart I can' t see any indicator, he doesn't even utilize a candlestick graphic.
You are more experienced than me, maybe. Looking at this graph what could you assume?
Which kind of indicators are utilized here?