February Crab Repeat, Channel drop into Triangle
Link went to the all time high 36$ range in Feb and channel A dropped into triangle A.
it broke the triangle into another channel upward to break a new previous high which was the 44$ range and we're seeing a similar triangle drop where we may range sideways for months after dropping from channel B into triangle B.
BEARISH
it broke the triangle into another channel upward to break a new previous high which was the 44$ range and we're seeing a similar triangle drop where we may range sideways for months after dropping from channel B into triangle B.
BEARISH
Note
The bearish drop from Triangle B broke downward, the channel proved a resistance point.Note
we steel in a bearish market .2025 will be more bearish to come
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.