Although the small pattern is unfolding down, the floor of the large fork is being inspected. Therefore, it is expected to grow.
Touching the bottom line of the fork creates a bullish wedge pattern.
The fifth wave is seen from the line in the middle of the fork. This is not financial advice.
With the support of the SP2 fork line, the wedge pattern has been tested as a breakout and the price is expected to rise further. This is not financial advice.
The fifth wave of Elliote is about to take place on a big fork. How strong is the theory?
The wedge pattern inside the fork was broken up and pulledback twice. Therefore, it is now assumed that the main impulse will come in and increase to the top line of the fork. This is not financial advice.
The top line of a very strong fork is reached. The exchange rate is expected to fall slightly. What decision would you make if you had LUNA? This is not financial advice.
The big bullish pattern is broken out and re-checked, so I'm seeing growth. This is not financial advice.
Probably after all this there will be a large increase in fibonaci from 61.8 BINANCE:SOLUSDT
Pattern analysis shows that the bear pattern breaks down and forms a small pattern again, or AAD, and then moves down.
Double bottom and bounce on FIB retracement 0.618. bullish wedge pattern is created.
Resistance from the top line on the weekly chart. The fork is included in the DOW theory. The bearish wedge pattern is created. Therefore, we expect to be able to trade short trades very soon. This is not financial advice.
If a wedge pattern is created, the risky entry will be traded long. If you create a wedding pattern and break it up, you will make a breakout long entry.
The Bitcoin fork created a bullish pattern below the top line, and with support from the middle line, the bullish pattern split up. Now we will wait for the AAD entry input. If you enter an unplanned trade, you will incur a loss. It's also great to have a MACD cross at 4h.
The purpose of this technical analysis is to share and correct your mistakes. Not financial advice.
Warning This technical analysis is not any financial advice