BITO short corrective rise begins. Target price : 41.84 usd. After that I expect a significant reversal. Let's start from the beginning. The orange lines mark ATR axes. More precisely, the starting points of the ATR axes, the places where the ATR values are zero. In technical terms, we can talk about accumulation if the distance between the initial value of the ATR and the extreme value of the local price is equal in the long direction and in the short direction. In these ranges, the number of sellers and buyers are the same, hence the accumulation. This is also the case here. More precisely, the price movement of the BITO immediately turned into an accumulation movement. The yellow squares, which are equal in both directions, represent the accumulation area. I now expect a short resistance level to form from the lower accumulation level(formed by the short position builders) and an upward correction movement to develop. Up to the 50% level of the short direction accumulation area. In the present case to the level of 41.84 usd. I expect a short rise. Then a profit realization could occur and technically the decline could continue.