Broadening wedges everywhere across the crypto sector. . on 4h Timeframes on the 5 m timeframe etc. . Its a very common way the markets aggregate after huge volatility.
seeking out stops, buy and sellside liquidity and maybe acceptance on either side of the horizontal levels.
see how to trade these in my threads..
BW are almost as common as EQ´s- symetrical triangles .
The longer they go on for eventually they will break in one direction.
See PENDLE here testing BW upper trendline atm.
seeking out stops, buy and sellside liquidity and maybe acceptance on either side of the horizontal levels.
see how to trade these in my threads..
BW are almost as common as EQ´s- symetrical triangles .
The longer they go on for eventually they will break in one direction.
See PENDLE here testing BW upper trendline atm.
Note
PENDLE the strongest chart I could find. missed 5 OS for H HL but that gave a 5 percent bounce. on 15m BB watch. technically D TC and W HL is set. but loads of BW so basic TA changes with BW !
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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.