" The price has to come down below the month's opening and clear early buyers."
Explanation: For the market to show signs of a bearish move or a retracement, the price must dip below the opening level of the current month. This would likely "clear" or trigger stop-losses for traders who entered early in the month, especially those with bullish positions. If...
We can see a descending triangle on 4 hour chart of RVN/USDT (Binance).
DESCENDING TRIANGLE has bearish reversal interpretation.
If it breaks it support line it will breakdown to the marked point.
Red lines represents major resistances while green are showing major supports.
We can clearly see 2 valid taps on resistance line and support line inside the formed...
Symmetrical triangle spotted on BTC/USD
4 Hour Chart.
Markey can be bearish or bullish.
wait for confirmation.
current interpretation ( price is consolidating )
BTC/USDT 1 day chart.
Binance. Support and resistance trend lines spotted on BTC/USDT 1 Day Chart.
2 valid taps can also be seen.
But market can be change as per sentiments.
BNB Creating Ascending triangle chart pattern on 4 hour timeframe.
Wait for breakout and another small tap for confirmation.
Book your profits according to price range.
BNB/USDT ( Binance )
