Token Club Token (TCT) Falling Wedge Pattern
Updated
Token Club Token (TCTBTC) is showing the classic falling wedge pattern after a strong bullish move... This pattern is bullish in nature.
As shown by the green arrow, this can lead to a jump next.
We also have the MACD and RSI starting to curve and low volume when breaking below MA200, signaling that this was only a correction rather than a down move.
TCTBTC can easily resume its uptrend soon.
Conditions for change
If prices move and close below 0.00000065, the above pattern is invalidated. A new analysis would be needed.
Thanks a lot for reading.
Namaste.
As shown by the green arrow, this can lead to a jump next.
We also have the MACD and RSI starting to curve and low volume when breaking below MA200, signaling that this was only a correction rather than a down move.
TCTBTC can easily resume its uptrend soon.
Conditions for change
If prices move and close below 0.00000065, the above pattern is invalidated. A new analysis would be needed.
Thanks a lot for reading.
Namaste.
Trade closed: target reached
All targets hit.Patience is key.
Namaste.
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