Hello Traders!
This chart looks so amazing where we can see an expanding triangle inside a Bigger expanding triangle.
This is a moment where many are waiting for the 50K price, but now there is a big chance that the market will drop to the support level. The bigger problem for the buyer is that I have detected an untested trendline and the market never leaves a trendline untested. There are certain scenarios where the market leaves the trendline untested because of the trendline angle where it makes it impossible to hit back.
Most of the expanding triangle moves in ABCDE formation. In this case, both completed the D formation and now Market is heading for the 'E'.
Don't be surprised if you see an instant crash after the support area as the final wave of expanding triangle remains and the untested trendline is yet to be tested.
Don't forget to hit the like button and follow to stay connected.
This chart looks so amazing where we can see an expanding triangle inside a Bigger expanding triangle.
This is a moment where many are waiting for the 50K price, but now there is a big chance that the market will drop to the support level. The bigger problem for the buyer is that I have detected an untested trendline and the market never leaves a trendline untested. There are certain scenarios where the market leaves the trendline untested because of the trendline angle where it makes it impossible to hit back.
Most of the expanding triangle moves in ABCDE formation. In this case, both completed the D formation and now Market is heading for the 'E'.
Don't be surprised if you see an instant crash after the support area as the final wave of expanding triangle remains and the untested trendline is yet to be tested.
Don't forget to hit the like button and follow to stay connected.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.