The chart you've shared is for HMSTR/USDT on the weekly (1W) timeframe, and it reveals several notable technical patterns and elements:
🔍 Key Observations:
1. Falling Wedge Pattern:
The price action is forming a falling wedge, which is generally considered a bullish reversal pattern.
The wedge is nearing its apex, indicating a potential breakout soon, either...
From the HTF perspective, I would like to see a sharp 25350 flip then get long on some bullish orderflow, pa whatever targeting 28500
But I love shorting 📉
#bitcoin
