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.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
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.