SLPUSDT : Falling Wedge Pattern
Good Day Traders! SLP just broke out the falling pattern a few candles ago and the price action is quite interesting. As you can see it still can't bypass the nearest resistance and forming a huge rejection candle after it kisses the resistance cluster. I will prefer to wait for more reversal confirmation prior to taking any positioning.
Just a warning not to be overly greedy.
Just a warning not to be overly greedy.
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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.